Retail premises for sale in 40 Blandford Street, Sunderland SR1

Offers in region of £135,000 (£77.45/sq. ft)
Retail premises for sale 1,743 sq. ft*
Interested in this property? Call +44 191 392 0630 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • City Centre Retail Premises in Busy Pedestrianised Location
  • Ground Floor Sales Extending Approximately 109.71 sq m (1,181 sq ft)
  • First Floor Ancillary 52.21 sq m (562 sq ft)
  • Excellent Condition Throughout & Ready for Immediate Occupation
  • Would Suit Owner Occupier
  • Nearby Occupiers Include: Home Bargains, Heron Foods & British Red Cross
  • Electronic Roller Shutter & Intruder Alarm
  • Freehold Offers in the Region of £135,000

Property description

Situation


Blandford Street is a busy pedestrianised City Centre retailing location linking Waterloo Place with Crowtree Road and Park Lane where the entrance to The Bridges Shopping Centre and Debenhams department store is located. A number of national traders are represented nearby including Home Bargains, Heron Foods and Betfred. The location of the property is shown on the attached Goad Plan.


Description


The property provides clear open plan ground floor sales area with full site depth coverage. Ancillary accommodation is provided at first floor level.


Accommodation


Gf Retail - 109.71 sq m (1,181 sq ft)
ff Ancillary / Kitchen - 52.21 sq m (562 sq ft)
WC Facilities

Total - 161.92 sq m (1,743 sq ft)


Tenure


We understand that the property is Freehold.


Asking price


Offers in the region of £135,000.


Rental terms


Alternatively, our client would consider granting a lease of the premises for a term of years to be agreed at a rental of £12,000 pax on efri terms.


Rating assessment


We understand that the premises have a rateable value of £26,750 effective from 1st April 2017.

Due to Covid-19, businesses in the retail, hospitality and leisure sectors in England are exempt from business rates for the 2020 to 2021 tax year. Eligible properties include shops, restaurants, cafés, bars or pubs, cinema or live music venues, assembly or leisure properties - e.g. Sports clubs, gyms and spa's, hospitality properties e.g., hotels, guest houses or self-catering accommodation.


Legal costs


Each party to be responsible for their own costs incurred in this transaction.


VAT


All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.


Energy performance


The property has an EPC rating of 79 within band D.


Anti-money laundering regulations


In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.


Viewing


For general enquiries and viewing arrangements please contact Graham S Hall Chartered Surveyors.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Graham S Hall Chartered Surveyors, DH1 on +44 191 392 0630 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graham S Hall Chartered Surveyors, and do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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