Call the team on 0191 908 9691 for more information
Redevelopment Opportunity
The property is located in South Shields, fronting Lawe Road, just of Ocean Road. South Shields is located 11 miles East of Newcastle Upon Tyne and 8 miles North of Sunderland. Ocean Road is occupied with a mix of retail units and restaurants. The property is located approximately 500 metres from the town centre. The accommodation extends to approximately 4,203 sq ft (390.47 sq m)
Tenure
See Legal Pack
Guest House (3 & 4 Lawe Road)
15 self-contained bedrooms across the ground, first, second and third floor. No. 3 & 4 also benefits from a bar room, pool room, dining room, kitchen and male & female WC’s at ground floor level.
Self-Contained Flat (5a Lawe Road)
Ground floor only, former managers flat. The flat comprises lounge, kitchen, 2 bedrooms and bathroom.
External
There is a concrete surfaced area to the front of No. 3 & 4 providing car parking for approximately 4 vehicles. There is a separate lawned area to the front of No. 5A. On-street car parking is available to both sides of Lawe Road. There is a small yard to the rear of No. 5A.
NB
This lot carries a buyers premium of £750+ vat in addition to our administration fee.
Viewing
To view please call 0191 908 9691
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
South Tyneside Metropolitan Borough Council
Solicitors
Walker Morris LLP, Kings Court, 12 King Street, Leeds, LS1 2HL, Ref: Leah Hunt, Tel: 0113 399 1829
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.