FOR SALE - NovaLoca
FOR SALE RE-DEVELOPMENT OPPORTUNITY
Former Park Hotel, 3, 4 & 5A Lawe Road, South Shields, NE33 2JN
Re-development opportunity
Potential for number of uses (subject to necessary
CONTACT US Viewing is strictly by prior appointment with Colliers International, through:
Ross Firth Corporate Restructuring +44 113 200 1845 [email protected]
consents)
Popular residential location
4,203 sq ft (390.47 sq m)
Close proximity to the coastline
Guide Price £235,000
Property Ref: 23281
Colliers International 1 Broad Gate The Headrow Leeds, LS1 8EQ +44 113 200 1800 www.colliersproperty.co.uk
Former Park Hotel, 3, 4 & 5A Lawe Road, South Sheilds, NE33 2JN LOCATION
PRICE
The property is located in South Shields, fronting Lawe Road,
Offers are invited for the Freehold and Long Leasehold
just of Ocean Road. South Shields is located 11 miles East of
interest. Guide Price £235,000.
Newcastle Upon Tyne and 8 miles North of Sunderland.
TENANCIES Ocean Road is occupied with a mix of retail units and restaurants. The property is located approximately 500 metres
The property is available with the benefit of full Vacant Possession.
from the town centre.
DESCRIPTION No. 3 & 4 Lawe Road comprises a former Guest House with 15 self-contained bedrooms across the ground, first, second
RATEABLE VALUE We understand the property has not been assessed for Business Rates. It will be the responsibility of the purchaser to satisfy themselves in this regard.
and third floor. No. 3 & 4 also benefits from a bar room, pool room, dining room, kitchen and male & female WC’s at ground floor level.
PLANNING Enquiries regarding planning matters should be directed to the
No. 5A Lawe Road is ground floor only, former managers flat. The flat comprises lounge, kitchen, 2 bedrooms and bathroom.
planning department of South Tyneside Council on: 0191 427 7000.
There is a small yard to the rear of No. 5A.
SERVICES Externally there is a concrete surfaced area to the front of No.
It is understood that mains water, gas, electricity and drainage,
3 & 4 providing car parking for approximately 4 vehicles. There
service the site. It will be the responsibility of the purchaser to
is a separate lawned area to the front of No. 5A. On-street car
ensure that the services are available and suitable for any
parking is available to both sides of Lawe Road.
future intended use of the property.
ACCOMMODATION
VAT
The accommodation extends to approximately 4,203 sq ft
VAT, if applicable will be payable in addition to the purchase
(390.47 sq m) as measured in accordance with the RICS Code
price.
of Measuring Practice 6th Edition.
LEGAL COSTS ALTERNATIVE USES
Each party is to bear their own legal costs in connection with
The property may suit alternative uses, subject to the
the sale.
necessary planning consents. Interested parties are advised to make their own enquiries in this regard.
EPC EPC Rating C 70
TENURE No. 3 & 4 Lawe Road are held Freehold outlined in red on the
VIEWING
attached plan. No. 5A is held Long Leasehold for 999 years
Viewing
from 24 November 1983 outlined in blue on the attached plan.
International.
is
strictly
by
prior
appointment
with
Colliers
Former Park Hotel, 3, 4 & 5A Lawe Road, South Sheilds, NE33 2JN The Receivers are acting as agents of the Seller and shall have no personal liability under or in connection with any document/information herein enclosed nor in relation to any related matter or claim howsoever, whenever and wherever arising and whether such claim be formulated in contract or tort or both or by reference to any other remedy or right and in whatever jurisdiction or forum in respect of the Property.
SUBJECT TO CONTRACT MAY 2015
Note - Plans are for identification purposes only and are not to scale.
Former Park Hotel, 3, 4 & 5A Lawe Road, South Sheilds, NE33 2JN
Misrepresentation Act Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers, or lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 18/05/2015. Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509. Registered office: 50 George Street, London W1U 7GA
Former Park Hotel, 3, 4 & 5A Lawe Road, South Shields, NE33 2JN
Re-development opportunity
Potential for number of uses (subject to necessary
CONTACT US Viewing is strictly by prior appointment with Colliers International, through:
Ross Firth Corporate Restructuring +44 113 200 1845 [email protected]
consents)
Popular residential location
4,203 sq ft (390.47 sq m)
Close proximity to the coastline
Guide Price £235,000
Property Ref: 23281
Colliers International 1 Broad Gate The Headrow Leeds, LS1 8EQ +44 113 200 1800 www.colliersproperty.co.uk
Former Park Hotel, 3, 4 & 5A Lawe Road, South Sheilds, NE33 2JN LOCATION
PRICE
The property is located in South Shields, fronting Lawe Road,
Offers are invited for the Freehold and Long Leasehold
just of Ocean Road. South Shields is located 11 miles East of
interest. Guide Price £235,000.
Newcastle Upon Tyne and 8 miles North of Sunderland.
TENANCIES Ocean Road is occupied with a mix of retail units and restaurants. The property is located approximately 500 metres
The property is available with the benefit of full Vacant Possession.
from the town centre.
DESCRIPTION No. 3 & 4 Lawe Road comprises a former Guest House with 15 self-contained bedrooms across the ground, first, second
RATEABLE VALUE We understand the property has not been assessed for Business Rates. It will be the responsibility of the purchaser to satisfy themselves in this regard.
and third floor. No. 3 & 4 also benefits from a bar room, pool room, dining room, kitchen and male & female WC’s at ground floor level.
PLANNING Enquiries regarding planning matters should be directed to the
No. 5A Lawe Road is ground floor only, former managers flat. The flat comprises lounge, kitchen, 2 bedrooms and bathroom.
planning department of South Tyneside Council on: 0191 427 7000.
There is a small yard to the rear of No. 5A.
SERVICES Externally there is a concrete surfaced area to the front of No.
It is understood that mains water, gas, electricity and drainage,
3 & 4 providing car parking for approximately 4 vehicles. There
service the site. It will be the responsibility of the purchaser to
is a separate lawned area to the front of No. 5A. On-street car
ensure that the services are available and suitable for any
parking is available to both sides of Lawe Road.
future intended use of the property.
ACCOMMODATION
VAT
The accommodation extends to approximately 4,203 sq ft
VAT, if applicable will be payable in addition to the purchase
(390.47 sq m) as measured in accordance with the RICS Code
price.
of Measuring Practice 6th Edition.
LEGAL COSTS ALTERNATIVE USES
Each party is to bear their own legal costs in connection with
The property may suit alternative uses, subject to the
the sale.
necessary planning consents. Interested parties are advised to make their own enquiries in this regard.
EPC EPC Rating C 70
TENURE No. 3 & 4 Lawe Road are held Freehold outlined in red on the
VIEWING
attached plan. No. 5A is held Long Leasehold for 999 years
Viewing
from 24 November 1983 outlined in blue on the attached plan.
International.
is
strictly
by
prior
appointment
with
Colliers
Former Park Hotel, 3, 4 & 5A Lawe Road, South Sheilds, NE33 2JN The Receivers are acting as agents of the Seller and shall have no personal liability under or in connection with any document/information herein enclosed nor in relation to any related matter or claim howsoever, whenever and wherever arising and whether such claim be formulated in contract or tort or both or by reference to any other remedy or right and in whatever jurisdiction or forum in respect of the Property.
SUBJECT TO CONTRACT MAY 2015
Note - Plans are for identification purposes only and are not to scale.
Former Park Hotel, 3, 4 & 5A Lawe Road, South Sheilds, NE33 2JN
Misrepresentation Act Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers, or lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 18/05/2015. Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509. Registered office: 50 George Street, London W1U 7GA
