** Under Offer **
63 st owen street - centrally located mixed-use property with retail on ground floor and 2-storey maisonette on upper floors.
Retail: 46.31sqm (497.95sqft), Maisonette: 55.59sqm (599.44sqft).
Head lease in effect until December 2022;
Accessible central location;
Current rental income £19,800 per annum.
63 St Owen Street is situated on the eastern end of St Owen Street in close proximity to the Barrels Pub and Bones Barbers. It is located in a prominent position with other occupiers in the immediate vicinity including the aforementioned Pub and Barbers, as well as Oceans Fish & Chips Takeaway, Ogleby Butchers and the Jalsagor Indian Restaurant.
63 St Owen Street is a traditionally constructed mid-terraced property situated in a parade of similarly styled buildings which appear to date from the early mid/early 19th Century. The parade of which the property forms part was originally a terrace of dwellings and has been converted to shops with flats and offices above through the years.
The ground floor retail space is currently let to Bloom Hearing and in turn has been sublet to the current occupier who runs a laser clinic specialising in tattoo removal. The ground floor retail area is well presented, with one entering a good sized reception directly off St Owen Street with partitioning walling installed to create a single clinical room to the rear. A doorway off reception leads to a good sized kitchen and storage area, with wc facilities accessed directly from the storage area as well as the basement door being to one side. The basement itself is used as a storage area and there can be found electricity meters there as well for both the ground floor retail and the upper residential floors.
The 2-storey maisonette above is also accessed via a pedestrian door directly off St Owen Street. On accessing the ground floor area there is a storage/reception space with a staircase leading to the first floor landing. Off the first-floor landing can be found a family bathroom, kitchen and a living room. The hallway continues leading to a further staircase and to the second floor where can be found 2 bedrooms and an additional storage room/third bedroom.
None of these statements contained in these particulars are to be relied upon as statements or representations of fact. These particulars are not an offer or contract or part of one. Floor plans are provided for guidance as to the layout of the property only. Room sizes and measurements are approximate only. Please note we have not tested the equipment, appliances and services in the property and interested parties are advised to commission appropriate investigation before formulating their offer.
Sunderlands are a member of the ‘Ombudsman for Estate Agents Scheme’ and therefore adhere to their Code of Practise. A copy of the Code of Practise is available on request.