Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

196 Green Ln 676 SF Vacant Retail Building South Shields NE34 0TQ $638,508 CAD ($944.54 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Easy access to Tyne Docks metro station
  • Short distance from the A19

Executive Summary

The property is a pair of ground floor shops both fitted out as takeaways with a customer waiting and sales area and a kitchen to the rear. The shops could be used for a variety of uses and is offered for sale with the benefit of the occupational leases to Units 1and 2 with vacant possession of the remainder. Unit 1 64.1 sq m (Currently let on a 7 year lease at £8,000 rising to £10,000 in 3 years). Unit 2 56.5 sq m (Currently let on a 15 year lease at £12,000 per annum. First and second floor flat (currently used for storage). Comprising 5 rooms at first floor and 2 rooms at second floor. There is a kitchen at first floor and separate bathrooms to first and second floors

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
676 SF
Building Class
B
Year Built
1932
Price
$638,508 CAD
Price Per SF
$944.54 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.05 AC

Amenities

  • Automatic Blinds
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 286 SF
  • Restaurant
  • In-Line
  • Now

Trades from a ground floor unit extending to 62.83 sq. m (676.27 sq. ft.), comprising a customer service area, kitchen, store, and W/C. The premises are very well presented and fully equipped for continued operation. GUY’S Chinese Takeaway is offered as a genuine retirement sale, providing an excellent opportunity for an owner-operator to acquire a profitable, established business. The business holds a 5-star Food Hygiene Rating (last inspection: 25 April 2024), reflecting its commitment to high standards.

Space Size Space Use Position Available
Ground 286 SF Restaurant In-Line Now

Ground

Size
286 SF
Space Use
Restaurant
Position
In-Line
Available
Now

Ground

Size 286 SF
Space Use Restaurant
Position In-Line
Available Now

Trades from a ground floor unit extending to 62.83 sq. m (676.27 sq. ft.), comprising a customer service area, kitchen, store, and W/C. The premises are very well presented and fully equipped for continued operation. GUY’S Chinese Takeaway is offered as a genuine retirement sale, providing an excellent opportunity for an owner-operator to acquire a profitable, established business. The business holds a 5-star Food Hygiene Rating (last inspection: 25 April 2024), reflecting its commitment to high standards.

Nearby Major Retailers

Starbucks
Sainsbury's
Lidl
ASDA
Tesco Superstore
Morrisons
Co-op
  • Listing ID: 39709436

  • Date on Market: 2026-03-09

  • Last Updated:

  • Address: 196 Green Ln, South Shields NE34 0TQ

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}