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Modern Offices In Popular Location, Unit 5 Market Dock, Waverley, South Shields, NE33 1LE

1,958 Sq Ft / Offices

For Sale - £170,000.00

To Let - £18,601.00 per annum

Available - Last updated: 22 August 2022

Market Dock, Waverley is a contemporary, high specification development of office buildings. Specification includes:

  • Two-storey units
  • Own front door
  • Male/female accessible toilets
  • Double glazing
  • Gas fired central heating
  • Perimeter trunking on ground floor
  • Raised access flooring on the first floor
  • Exposed feature beams
  • LED lighting

Location

Waverley is conveniently located within easy walking distance of South Shields town centre, Metro station and Ferry Landing close to the rear of Market Square at the junction of River Drive and Long Row. The surrounding area comprises a mixture of commercial and residential schemes.

The development is close to the A19 and A1 with excellent access to the regional road network, Newcastle upon Tyne and Sunderland.

Public transport is excellent. South Shields Metro station is a 5 minute walk away and has frequent bus services operating to and from the local area.

A redevelopment scheme of the adjacent town centre is ongoing and has already seen the refurbishment of the Market Place and the construction of a new Interchange for bus and Metro travel.

Accommodation

The property provides the following approximate net internal areas:

181.90 sq m (1,958 sq ft)

Terms

TENURE - Freehold

TERMS - The property is available by way of a new EFRI lease for a term of years to be agreed at an annual rent of £18,601 pax (£9.50 per sq ft).

Alternatively, we are seeking £170,000 for the benefit of our clients Freehold interest.

RATING ASSESSMENT - It is recommended that any interested party confirm the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.

LEGAL COSTS - Each party to be responsible for their own costs incurred in this transaction.

ENERGY PERFORMANCE - EPC Rating B 48

VAT - All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.

Specification

  • Approximately 181.90 sq m (1,958 sq ft) Arranged Over Ground & First Floor
  • Popular Business Park Location
  • Just a 2 Minute Walk from South Shields Town Centre
  • Dedicated Car Parking
  • Great SIPP Investment Opportunity
  • Would Suit a Variety of Owner Occupiers Including; Solicitors, Accountants, Surveyors, Financial Advisors & Health Professionals
  • New EFRI Lease Available at a Rent of £18,601 pax
  • Freehold £170,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £170,000.00 NA
  To Let £18,601.00 per annum

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Contact agents

Daryl Carr

Graham S Hall Chartered Surveyors

0191 394 0036



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