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Retail Units & Shops

Tyne and Wear

South Shields

property

Let

This property is part of an unsponsored retail warehousing scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

Unit C South Shields, NE33 1AX

Use Class

Size

6,817 sq ft

Rent pa

POA

Market Sector

Retail & Shopping Park

Description

The River Island unit, which extends to 6,817 sq ft is available to let (from December 2023), subject to vacant possession.

Location

Waterloo Square is prominently located fronting Keppel Street, between Asda and King Street, which is the main foodstore and pedestrianised retail zone for the town respectively. The scheme is surrounded by the main car parks for the town centre, which is run in joint agreement between the landlord, Asda and the local authority and totals 678 spaces.

Accommodation

6,817 Sq.Ft

Financial

Service Charge

£1.79 per sq ft

Rates

Rateable Year:

2023

Rateable Value:

£75,500.00

Rates payable:

£38,656.00

UBR:

51.2p/£

This Property is Part of a Retail & Shopping Park

Waterloo Square

The scheme extends to circa. 41,000 sq ft (ground floor GIA) and was developed in 2005. Existing tenants include Next, B&M and River Island. Next have recently remodelled their unit to incorporate Costa Coffee. Other occupiers in the immediate vicinity include New Look, Argos, JD, Sports Direct and Boots.

Park Place Retail

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.