Freehold single storey retail unit. Floor area circa 36.26 sq. m. (390 sq. ft.). Prominent position on busy Shields Road. Currently laid out as a salon. Suitable for various uses, owner-occupier, or investor. Electric roller shutters. Offered with vacant possession.

Price £69,950 Freehold
Ref I333

Location
The subject property is prominently located on Shields Road being on the north side of the street. Shields Road is a very busy suburb of Newcastle upon Tyne and benefits from a very high level of footfall. Nearby retailers include a selection of local independents as well as National High Street Retailers including Iceland, Greggs and McDonald’s. The area is also well served by public transport having regular bus services and a metro station.

The Premises
We are delighted to bring to the market this freehold single-storey, mid-terrace retail unit with a flat roof. The property is currently occupied by the owner as a well-established hair and beauty business, however it will be sold with vacant possession as they are retiring.

The premises are well presented and currently configured as a salon, featuring cutting stations, backwash, a double-glazed frontage, and secure electric roller shutters.

This versatile unit would suit a variety of uses (subject to any necessary consents) and would be ideal for an owner-operator looking to establish their own business premises, or for an investor seeking a well-located, ready-to-let retail property.

Floor Area
36.26 sq. m. (390 sq. ft.)

Tenure
Freehold

Price
£69,950

Viewing
Strictly by appointment through this office.

Rateable Value
The 2025 Rating List entry is Rateable Value £4,100
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.