26 Fowler Street, South Shields | Property for sale | Savills
Guide price £15,000(NT$617,627)

26 Fowler StreetSouth Shields

  • New
  • Sole agency
  • Freehold
Retail

Key features

  • Retail Unit with Upper Parts
  • Offered with Full Vacant Possession
  • Established and Popular Location
  • Asset Management Potential
  • Possibility to Create High Yielding Investment
  • Development/Conversion Potential (stp)

Vacant Retail Unit with Associated Upper Parts. Evident Asset Management Potential Via Letting of Vacant Space

About this property

  • The property comprises a vacant ground floor retail unit with associated upper parts. Arranged across ground, first and second floors, the property is offered with full vacant possession and provides evident asset management potential via the letting of the ground floor unit, as well as development/conversion potential to the upper parts (subject to obtaining the requisite consents). The property is situated on an established secondary retail parade with adjacent units letting for between £10,000-£15,000 per annum. The upper parts benefit from separate shared access and therefore may be suitable for conversion to alternative uses, including residential (subject to obtaining the requisite consents).

Additional information

  • Whilst there are no extant planning consents, the vacant second floor could be suitable for development/conversion to alternative uses, including residential (subject to obtaining the requisite consents).