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Former Wet & Wild Rotary Way, North Shields NE29 6DA


Brief Property Description:
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.

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Location
Property Type: Development Land
Size: 3449.47 sqm (37129 sqft)
Site Area: 2.43 hectares
Tenure:
Lease: New FRI lease on a term of years to be agreed
Rateable Value: £0

Agent Details: