Rotary Way, Royal Quays, North Shields, Tyne and Wear, NE29 6DA
6 acres of open storage
37,000 sq ft Leisure Opportunity
Excellent location
Easy access to the A19 and Tyne Tunnel
Duncan Christie
Interested in this property?
Please contact me
Keith Stewart
Interested in this property?
Please contact me
Location
North Shields is situated on the the north east coast 8 miles (13 km ) east of Newcastle upon Tyne and 14 miles (22km) north of Sunderland. The town is well connected to the A19 trunk road and the A194 (M) and A1 motorways. The Tyne & Wear Metro serves the town. The nearest airport is Newcastle International with 15 and 30 minute drive time. Populations are 475,0000 and 1,460,000 respectively.
The property is situated 1.5 miles (2.5km) to the south west of North Shields Town Centre within the Royal Quays area. A dock regeneration programme that commenced in 1990.
Description
The property forms two distinct parts, the former Wet n Wild building comprises a purpose built indoor water park with an outdoor lagoon with steel portal frame construction and brick elevations under a steel profile sheet roof.
The property currently has planning permission for leisure uses and could be suitable for a range of such uses subject to renovation.
The property sits on a plot of 2.54 acres (1.03 ha). Immediately adjacent to the building is a tarmac 380 space car park which extends to circa 6 acres. This area could be readily repurposes for external self storage purposes and could also readily fenced to provide additional security.
Terms
The site is available in whole or part with consideration given to new FRI leases on a term of years to be agreed.
Alternatively a sale of whole or part may also be considered.
