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54 - 56 King Street, South Shields NE33 1HZ
£135,000
54 - 56 King Street, South Shields NE33 1HZ
£135,000
Our Summary
- Auction Date Commencing on Monday 13th October at 1pm and ending 24 hours later on Tuesday 14th October at 1pm with Auction House North EastPlease register to bid via our website - auctionhouse
- Prominent High Street Investment with Planning for Residential Conversion
- A prime town centre residential redevelopment opportunity located on the pedestrianised section of King Street, South Shields
- In addition, full planning permission has been granted for shopfront replacement, rooflights and a lantern rooflight, along with the conversion of the upper floors to form three residential apartments
- The ground floor remains designated for retail use and requires refurbishment
- Planning reference: ST/0076/23/FULBuyers must do their own research
Description
A prominent retail unit on King Street in South Shields is being offered for auction, with the benefit of prior approval for a residential conversion. The property, which spans approximately 227 sq m, is situated in the heart of the town centre and has full planning permission for shopfront replacement, rooflights, and the conversion of the upper floors to form three apartments. The ground floor remains designated for retail use and requires refurbishment. The property is surrounded by established national retailers and is well-connected to Newcastle upon Tyne and other major routes. The auction is scheduled to commence on October 13th and will conclude 24 hours later. Buyers must register to bid on the Auction House North East website and are advised to do their own research, with all planning documents included in the legal pack.