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Mill Dam, South Shields, Tyne and Wear, NE33 1EQ

Guide Price
£320,000

£72.10 per sq ft

Business rates & charges may apply

Pattinsons, Pattinsons Commercial North East
SIZE AVAILABLE

4,438 sq ft

412 sq m

SECTOR

Hospitality facility for sale

Key features

  • Public House / Restaurant For Sale
  • Two storey, four floor property
  • Prominent position
  • Close to Amenities and Transport links
  • Freehold Title

Description

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to the market this substantial two storey, four floor property, prominently located along Mill Dam, South Shields. To the ground floor is an public house/restaurant with several seating areas and counter. The first floor was last used as function room space, with extra storage space to the third floor and cellar. This property offers an excellent business opportunity and would be suitable for a variety of different uses subject to planning permission.

Location

The property is situated in South Shields, a busy coastal town located approximately 12 miles to the east of Newcastle upon Tyne, and approximately 6 miles north of Sunderland. The town is accessed via the A1300 and A194 roads, which link to the A19 dual carriageway. The A19 gives easy access to the south and north of the region via the Tyne Tunnel and to the A1 (M). The town has excellent communication links including the Tyne and Wear Metro link, and there are regular ferry services running between North Shields and South Shields.

Mill Dam is situated just by the river front next to the South Shields Ferry terminal in a mixed use area. Within the immediate vicinity there are residential dwellings, a number of public houses and leisure operators. Within walking distance is an Asda supermarket and South Shields town centre, which is home to a vast array of local and national retailers...

Tenure

Freehold. Title number TY118381.

Rateable Value

Current rateable value £18,750 (April 2026 to present). Sourced from VOA.

EPC

Available upon request. Rating E.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on commercial. . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Mill Dam, South Shields, Tyne and Wear, NE33 1EQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chichester Metro Station0.5 miles
  • South Shields Metro Station0.5 miles
  • North Shields Metro Station1.1 miles

About Pattinsons, Pattinsons Commercial North East

Kingfisher Way Silverlink, Wallsend, NE28 9NY

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 519853. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinsons, Pattinsons Commercial North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Commercial North East on 0191 743 9260.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”