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Commercial property for sale in Newcastle

Commercial property for sale in Newcastle

Ref: 101004 - Fastfit Motorcentre
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Tyne Point Industrial Estate South Shields Tyne and Wear
  • Price: £365,000
  • Size: 1900 sq m (Half Acre)
  • Available: Immediate
  • Type: Retail Property for sale
  • Ref: 101004 - Fastfit Motorcentre

BUSINESS FOR SALE:  Car Repair Centre - £365,000 

Property Address:  101004 - Fastfit Motorcentre

Property Reference:   Unit 6, Tyne Point Ind. Est. Shaftsbury Avenue, Jarrow, Tyne & Wear


The property is located on Tyne & Wear’s Simonside Industrial Estate and walking distance from Bede Metro Station, a major supermarket and local amenities. Nearby occupiers include J. Barbour & Sons Ltd, Filtrona Filters, Plumbase and Akzo Nobel.


The business was established in 1980 as a car exhaust centre with the addition of a car sales show room and two separate adjoining units operating as a car body shop and pizza delivery company on the rental incomes generated from the car show room, pizza shop and body shop provides approximately £23,000 p.a. Following thirty years of building this business the existing proprietor is retiring.

Total site area is around half an acre with four separate properties 6, 6A, 6B & 6C.



Overall Freehold Size: Approx. Half an Acre
This property is available by way of freehold sale at a cost of £365,000 ex. VAT
Rateable Value & Planning: 
We understand that this property benefits from the Town & Country Planning (Use classes) (England) (Amendment) Order 2005 Various.

Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value of this property is Unit 6: £6,100, Unit 6A: £8,300, Unit 6B: £6,200, Unit 6C: £4,200.. Any interested party should satisfy themselves to the planning class and rateable value and the rates payable for this property with the relevant local authority.

Value Added Tax:
All terms quoted exclude VAT where chargeable.

Legal Costs:
Each party is responsible for their own legal costs in relation to any transaction.

Any plans provided with this property are published for guidance only, and although it is believed to be correct its accuracy is not guaranteed, nor is it intended to form any part of any contract.

Strictly by appointment only through Aptus Commercial Property: 0191 523 6562

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