T: 0191 487 8566

Menu
Under offer

Development Opportunity

Wallsend £300,000 Freehold REF: NE1769

Location

The property is located at the junction of Atkinson Terrace and Station Road, close to the town centre and directly opposite Wallsend Metro station. The immediate area comprises a mixture of residential, commercial and retail accommodation and there is a free local authority car park directly to the rear of the property.   

Transport links are excellent with bus and Metro links immediately outside the building and road access via the A193 and Coast Road is straightforward.

Description

The property comprises an extensive former Post Office and Sorting Office which has been converted to provide modular offices on all floors.  The property was going to be used as a healthcare facility but unfortunately, post Covid, the occupier is now no longer able to proceed.

The property would be suitable for various uses, including potential residential redevelopment.

Gross Internal Areas

Ground Floor

Offices                         circa 3,750 sq.ft. (348 sq.m.)

Lower Ground Floor

Offices                         circa 680 sq.ft. (63 sq.m.)

First Floor

Offices                         circa 1,950 sq.ft. (181 sq.m.)

External

Yard                            

Rates

The premises are assessed as follows:

Rateable Value              £32,500 (2017 list)

Rateable Value             £2,050 (2017 list)

Services

Electricity, Water and Gas are installed. 

Tenure

We are informed that the property is a freehold title. Interested parties should seek legal confirmation of this.

EPC

Rating - D.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

Viewings

Strictly by appointment with this office.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

Commercial Property For Sale

Find an Offices property

Use this field to find results from a specific location or a particular property type
+ Show advanced search options