17 bed property for sale

1-10 Walkers Buildings, Borough Road, North Shields, Tyne & Wear NE29

Key Features

• Lot 34 for sale by auction on 20/08/2026
• To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website
• Subject to an Occupational Lease in favour of Myspace Housing Solutions for a term of 30 years from 18th December 2017. Please refer to the tenancy schedule and legal pack for further information
• The Net Pass Through Rent in the year from 1st June 2025 to 31st May 2026 was £137,983.06 pa. Please refer to the additional information paragraph
• Internally arranged to provide Ten Self Contained Flats and Commercial Unit
• Comprising of Three x 1 Bedroom Flats and Seven x 2 Bedroom Flats
• Commercial Unit (Class D1/B1) arranged to provide education and training facilities with office space

Key Locations

• The property is situated on the east side of Borough Road
• The shops and amenities of Saville St W are readily available to the south east
• North Shields Metro Line is approximately 0.1 miles to the north
• The A19 is to the west
• Alexander Scott Park is nearby

Additional Information

• The Deed of Variation also provides the landlord with a break right
• Exercisable 15 months from the earlier of the date of the agreement
• Or implementation of the cva and annually thereafter
• Subject to the service of not less than three months' notice.

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