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Substantial Commercial and Hospitality Building

South Shields, NE33 - Get Access

Description

We are pleased to offer to the market this substantial two-storey, four-floor property, prominently located along Mill Dam in South Shields. To the ground floor is a public house/restaurant featuring several seating areas and a counter. The first floor was last used as function room space, with additional storage space provided on the third floor and in the cellar. This property offers an excellent business opportunity and would be suitable for a variety of different uses, subject to planning permission. The property is situated in South Shields, a busy coastal town located approximately 12 miles east of Newcastle upon Tyne and 6 miles north of Sunderland. The town is accessed via the A1300 and A194 roads, which link to the A19 dual carriageway, providing easy access to the north and south of the region via the Tyne Tunnel and the A1(M). South Shields benefits from excellent communication links, including the Tyne and Wear Metro link and regular ferry services running between North Shields and South Shields. Mill Dam is situated adjacent to the riverfront near the South Shields Ferry terminal within a mixed-use area. The immediate vicinity comprises residential dwellings, public houses, and leisure operators. Within walking distance are an Asda supermarket and South Shields town centre, which offers a vast array of local and national retailers. The property is held on a freehold title (Title number TY118381) and has a current rateable value of £18,750 (April 2026 to present) as sourced from the VOA. The EPC rating is E, with the certificate available upon request.
Comparable sales
Flat A, Quadrant, 55, Mill Dam, NE33 1EQ 0.0 mi
Flat
£123,380
7 months ago
39, Riverside Court, NE33 1EH 0.0 mi
Flat • Not Recorded 3 rooms EPC D (2025)
700 sq ft
£114,500
2 months ago
43, Riverside Court, NE33 1EH 0.0 mi
Flat • End-Terrace 3 rooms EPC C (2024)
560 sq ft
£120,000
0 years ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 2,054 sq ft (Floor plan)

Valuing a substantial multi-level commercial and mixed-use property in South Shields requires careful assessment of its 2,054 sq ft floor area. Situated in a mixed-use riverfront area close to local amenities and transport, the building presents fair condition with some dated decorative finishes. Valuation is established by benchmarking overall floor space against regional commercial property rates.

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