12 Coldwell St Local commercial 60 m² 100 % Loué À vendre Gateshead NE10 9HH 64 595 € (1 072,98 €/m²)

FOR SALE BY WAY OF ONLINE AUCTION - 29TH MAY 2025! Option 1 - Terms and Conditions apply. See Agents Property Auctions Website for full details. .
The property is located on Coldwell Street in Felling, Gateshead which is South East of Newcastle upon Tyne. The property benefits from excellent passing trade and being opposite the recently complete development which has seen Asda, Boots, Greggs and Subway move in transforming the area.

A versatile mid-terrace, two-storey sandstone property offering both residential and commercial potential, located in a prominent position in the heart of Felling.
Property Summary:

Ground Floor: Retail unit with generous frontage
First Floor: Spacious two-bedroom flat with private access
Total Floor Area: Approx. 105.9 sq. m. (1,140 sq. ft.)
Construction: Sandstone elevations beneath a pitched roof
Outside: Rear yard space and on-street parking

Key Features:
Mixed-use configuration, ideal for owner-occupiers, investors, or developers
Excellent location close to local amenities, transport links, and high footfall
On-street parking available
Full refurbishment required, offering potential to add significant value
Scope to reconfigure or modernise (subject to consents)
Situated in an established commercial and residential area

This property represents an excellent investment opportunity, suitable for a range of uses including retail, office, or hospitality on the ground floor, with self-contained residential accommodation above.

Property details provided by Rook Matthews Sayer
EPC rating: to be advised
Council Band: A
Tenure : Freehold
GROUND FLOOR RETAIL AREA

RETAIL AREA
30.51sq.m 328.4sq.ft
OFFICE
3.29sq.m 35.41sq.ft
STORE
3.05 sq.m 32.82sq.ft
STORE
6.03sq.m 64.9sq.ft
STORE
5.60sq.m 60.27sq.ft
TOTAL
48.48sq.m 521.83sq.ft
FIRST FLOOR FLAT

LIVING ROOM
22.45sq.m 241.64sq.ft
KITCHEN
6.6sq.m 71.04sq.ft
BEDROOM
15.56sq.m 167.48sq.ft
BEDROOM
6.51sq.m 70.07sq.ft
BATHROOM
6.33sq.m 68.13sq.ft
TOTAL
57.45sq.m 618.38sq.ft
Tenure
We have been informed the property is Freehold.

We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 18 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE10 9HH and mobile coverage is provided by EE, Three, O2, Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on[use Contact Agent Button]
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: TBC

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. [use Contact Agent Button]