Double fronted three storey commercial property. Net internal area 124.3 sq. m. (1,337.7 sq. ft.). Prominent corner position in North Shields town centre. Suitable for various uses subject to planning. Opposite newly developed transport hub & Metro station. Vacant possession due to business relocation. Eligible for 100% small business rates relief.

Price £125,000 Freehold
Ref I430

Location
The property occupies a highly prominent corner position at the junction of Nile Street and Russell Street, in the heart of North Shields town centre. This well-established retail and commercial area benefits from consistent footfall and strong visibility, making it ideal for a range of business uses.
The unit sits directly adjacent to North Shields Metro Station, a key stop on the Tyne and Wear Metro network, providing regular services across Newcastle, the coast and wider region. The station is centrally located on Nile Street with direct access from the main pedestrian thoroughfare.

Directly opposite the property is the recently developed North Shields Transport Hub, a modern bus interchange opened as part of the town’s regeneration scheme, offering multiple bus connections and creating a major transport focal point for the area. This combination of Metro and bus facilities positions the property within a prime transport hub, generating significant passing trade from commuters and visitors throughout the day.

Description
A rare opportunity to acquire a substantial double fronted end-terrace commercial property, prominently positioned on a visible corner plot in the heart of North Shields. Arranged over three storeys, the property offers versatile office accommodation throughout and is currently utilised as a taxi office. The premises will be sold with vacant possession due to the owner’s relocation, making it suitable for a wide range of alternative commercial uses (subject to the necessary consents).

The property benefits from a prominent double frontage, providing excellent visibility and branding opportunities. Internally, the accommodation is arranged to provide a mix of open-plan and cellular office space across all levels.

The ground floor offers a welcoming reception area with multiple offices and staff facilities. The upper floors continue the office provision, with the second floor featuring additional kitchen and W.C. facilities, making it suitable for multi-departmental use or potential subdivision. Natural light is a key feature, particularly on the upper floors, while the overall layout lends itself well to professional services, creative workspace, or conversion to alternative uses such as a restaurant, subject to planning.

Tenure
Freehold

Price
£125,000

Rateable Value
The 2026 Rating List entry is Rateable Value £9,000

As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.

Floor Area
124 sq. m. (1,337.7 sq. ft.)

Viewing
Strictly by appointment through this office.