A freehold development development opportunity comprising a substantial former pub situated on a self contained site extending to a total of 0.25 acres. Internally the accommodation extends to approximately 325 Sq,M (3,509 Sq.Ft) and is fitted out with a main bar along with two smaller bars and kitchen. The first floor comprises residential accommodation with three bedrooms, lounge, kitchen and dining room and externally there is a large car park. Planning permission was approved in December 2024 for change of use to a convenience store with residential accommodation above.

The property is located in the Marsden area of South Shields in South Tyneside. The property is on the south side of Fulwell Avenue close to Marsden Lane midway between Centenary Avenue and Prince Edward Road. The area is primarily residential in nature with good potential for a convenience store serving the surrounding accommodation.

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.