Fowler Street, South Shields, Tyne and Wear, 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 , or alternatively via email on commercial. . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.