Summary - New Green Street, South Shields, Tyne and Wear, NE33 5DL NE33 5DL
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Ground floor retail unit, 690 sq ft (NIA 64.1m²)
- Prime location on New Green Street in bustling South Shields
- Established business supplying hair and beauty products to local salons
- Potential for growth through online sales and marketing
- Close proximity to essential amenities and high foot traffic area
**Concerns:**
- May require modernization, particularly in light of its mid-20th century construction
- High crime rate in the local area, which could impact business security
- Limited insulation with cavity walls assumed
This ground floor retail unit on New Green Street offers an exciting opportunity for entrepreneurs looking to expand a well-known business in the heart of South Shields. Spanning 690 sq ft, the space is currently a trusted supplier for local barbers and beauty salons across the North East, with significant growth potential through online expansion. The location benefits from high foot traffic and a wealth of nearby amenities, making it ideal for attracting customers.
However, prospective buyers should note that the property may require some modernization to meet contemporary standards. Furthermore, while the area's vibrant atmosphere provides many advantages, it's essential to consider the high local crime rate. Priced at £35,000, this retail space provides a potentially lucrative investment, but timely action is crucial to seize this chance in a competitive market—don't miss out on the potential this property holds!
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