DEVELOPMENT OPPORTUNITY With Permitted Development Rights for residential conversion in place, this is a rare opportunity to acquire a substantial and versatile property in the heart of the Fish Quay. The current office space was designed to allow for an easy transformation back into a home, giving you the exciting ability to design a home that works for you.
DESCRIPTION Signature North East proudly presents this exceptional property, with the potential for conversion into one or multiple residential dwellings, this property provides flexibility for both residential and business opportunities.
Situated on East Percy Street, it is surrounded by a vibrant mix of thriving businesses and residential homes, all set against stunning coastal views. Its prime location offers excellent connectivity, with Tynemouth Metro Station nearby and the Coast Road providing direct access to Newcastle City Centre and the A19. Additionally, adjacent land is undergoing high-end development, though the elevation difference ensures the views remain unaffected and the overall area is significantly enhanced.
Spanning four floors, this impressive property provides extensive office and storage space, designed for a dynamic business environment. The layout includes open-plan office areas, alongside a meeting room and two private offices. Kitchen facilities and W.Cs on the ground, first, and second floors enhance convenience, while a central staircase ensures seamless access. Each floor benefits from independent electrical and internet wiring, as well as individual boilers and heating systems.
If you are looking for your new home, but nothing available suits your wants and needs, this outstanding property in a prime North Shields location, could be the opportunity not to be missed.
Amended Measurements -
Ground Floor - Approx. 111.3 sq. metres
Office - 9.89 x 3.62 (32'5" x 11'10") -
Office - 5.54 x 3.62 (18'2" x 11'10") -
Meeting Room - 4.26 x 3.62 (13'11" x 11'10") -
Store Room -
W.C - 2.84 x 2.72 (9'3" x 8'11") -
Kitchen - 2.72 x 2.84 (8'11" x 9'3") -
First Floor - Approx. 111.3 sq. metres
Office - 5.82 x 2.52 (19'1" x 8'3") -
Office - 6.54 x 4.76 (21'5" x 15'7") -
Office - 3.25 x 3.62 (10'7" x 11'10") -
Office - 3.32 x 2.42 (10'10" x 7'11") -
Kitchen - 2.84 x 2.72 (9'3" x 8'11") -
W.Cs - 2.84 x 2.72 (9'3" x 8'11") -
Second Floor - Approx. 111.3 sq. metres
Office - 9.89 x 3.62 (32'5" x 11'10") -
W.Cs - 2.84 x 2.72 (9'3" x 8'11") -
W.C & Shower Room - 2.84 x 2.72 (9'3" x 8'11") -
Third Floor - Approx. 50.7 sq. metres
Office / Store Room - 5.28 x 3.62 (17'3" x 11'10") -
Office / Store Room - 5.28 x 3.65 (17'3" x 11'11") -
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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