Former South Shields pub to be sold at auction for £125,000
A former South Shields pub has been brought to the property market.
The Fad, on Gainsborough Avenue, in South Shields is set to be sold at auction after it was brought to the property market by BTG Eddisons Property Auctions in partnership with Naylors Gavin Black.
The former public house has been listed with a guide price of £125,000 and is set to go under the hammer at auction on Tuesday, March 24.
Ahead of the pub going up for auction, the property listing states: “A potential re-development opportunity comprising a substantial former pub on a self contained site extending to a total of 0.28 acres.
“Internally the accommodation extends to approximately 398 Sq.M (4,291 Sq.Ft) and is fitted out with the main bar, smaller side bar and WC facilities.
“The first floor comprises residential accommodation with three bedrooms, lounge, kitchen/utility and bathroom whilst externally there is a large car park area.
“The property could be suitable for a host of re-development opportunities including retail/convenience store and/or residential, subject to any necessary consents.”
The full property listing for The Fad is available to view at: https://www.rightmove.co.uk/properties/172879277.
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