Industrial in NE33

Fowler Street, South Shields, Tyne and Wear, NE33 1NU

Brochure

Tenure: Freehold

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Starting bid£170,000

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Key Information

Parking: Allocated

Property features

- Large two-storey warehouse
- New uPVC windows
- Sold with vacant possession
- Suitable for a range of commercial uses (STPP)

Industrial in NE33

Commercial Unit / Warehouse with Garage & rear land– Sold Vacant

An excellent opportunity to acquire a versatile commercial property positioned to the rear of Fowler Street, within an established and accessible location in South Shields.

The property currently comprises a large two-storey warehouse offering substantial internal space, benefitting from new UPVC windows throughout and dedicated office accommodation, making it suitable for a variety of business uses subject to any necessary consents.

In addition, there is a separate double garage, ideal for use as a workshop, storage facility, or ancillary space to the main building.

Externally, the property further benefits from a rear garden / yard area, providing additional outdoor space which could suit storage, staff use, or operational requirements depending on use.

The unit is offered sold vacant, allowing an incoming purchaser immediate occupation or the opportunity to reposition or adapt the property to suit their needs.

Key Features:

- Large two-storey warehouse
- New uPVC windows
- Office space
- Separate double garage / workshop
- Rear garden / yard
- Sold with vacant possession
- Suitable for a range of commercial uses (STPP)

This property will appeal to owner-occupiers, investors, and businesses seeking flexible accommodation in a well-connected South Shields location.

DISCLAIMER:
The property is a commercial garage and has been subject to significant local attention following a serious incident in the area. This has led to some ongoing public interest, which prospective buyers should be aware may effect the use and overall experience of the property.

Location

An excellent opportunity to acquire a versatile commercial property positioned to the rear of Fowler Street, within an established and accessible location in South Shields.

Accmmodation

The property currently comprises a large two-storey warehouse offering substantial internal space, benefitting from new UPVC windows throughout and dedicated office accommodation, making it suitable for a variety of business uses subject to any necessary consents. In addition, there is a separate double garage, ideal for use as a workshop, storage facility, or ancillary space to the main building.

Tenure

Freehold. Title number TY485402

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial.ne@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5%, subject to a minimum £4000 which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 2.5%+ VAT to a minimum of £3,000 + VAT (£3,600 inc VAT) This does not form part of the purchase price.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information, call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

Please log in to view and download the legal pack files.

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