Property for sale

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Property for sale

75 King Street, South Shields, NE33
£625,000

Price History

Initial price £750,000
04/04/25 £625,000
Price Change -16.67%

Description

The property is a commercial building with three tenants on the ground floor, generating an annual income of £47,000. The upper floors, spanning the first, second, and third floors, are currently vacant and available for occupation. The building has a traditional brick construction with a pitched roof and is located in the heart of the town centre, which is undergoing significant development. The nearby relocation of South Tyneside College and South Shields Marine School is expected to bring a large increase in footfall to the area, making this property an attractive opportunity for businesses looking to capitalize on the growth and regeneration of the town centre.