Unit 7, Market Dock, Waverley, South Shields, NE33
Freehold £195,000

FOR SALE / TO LET - NEWLY REFURBISHED TWO-STOREY OFFICE UNIT              

LOCATION
Waverley is conveniently located within easy walking distance of South Shields town centre, Metro station and Ferry Landing close to the rear of Market Square at the junction of River Drive and Long Row. The surrounding area comprises a mixture of commercial and residential schemes.

The development is close to the A19 and A1 with excellent access to the regional road network, Newcastle upon Tyne and Sunderland.

Public transport is excellent. South Shields Metro station is a 5 minute walk away and has frequent bus services operating to and from the local area.

A redevelopment scheme of the adjacent town centre is ongoing and has already seen the refurbishment of the Market Place and the construction of a new Interchange for bus and Metro travel.

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DESCRIPTION
Market Dock, Waverley is a contemporary, high specification development of office buildings, breifly comprising: 

- Two-storey units
- Own front door
- Male/female accessible toilets
- Double glazing
- Gas fired central heating
- Perimeter trunking on ground floor
- Raised access flooring on the first floor
- Exposed feature beams
- LED lighting

ACCOMMODATION
The property provides the following approximate net internal areas: 

Ground Floor 79.99 sq m (861 sq ft)
First Floor 102 sq m (1,098 sq ft)

Total 181.99 sq m (1,959 sq ft)

TENURE
Freehold

TERMS
The property is available by way of a new EFRI lease for a term of years to be agreed at an annual rent of £21,500 pax. 

Alternatively, we are seeking £195,000 for the benefit of our clients Freehold interest.

BUSINESS RATES
Rateable Value - £15,250 (Effective 1st April 2023)
Estimated Rates Payable - £7,609.75

Our estimate is calculated by applying the appropriate Business Rate Multiplier to the RV.

It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.

ENERGY PERFORMANCE
EPC Rating C 54.

LEGAL COSTS
Each party to be responsible for their own costs incurred in this transaction.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser.

VIEWING
For general enquiries and viewing arrangements please contact Graham S Hall Chartered Surveyors on 0191 731 8660 or This email address is being protected from spambots. You need JavaScript enabled to view it.. Alternatively, you may wish to contact our Joint Sole Agents Knight Frank.