Pub/bar for sale in Olive Street, Sunderland SR1

Fixed price £310,000 (£63.01/sq. ft)
Pub/bar for sale 4,920 sq. ft*
Interested in this property? Call +44 20 3641 9157 * or Request Details

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

Property features

  • Freehold Vacant Pub With Residential Development Potential
  • Comprises public house with owner`s accommodation
  • Total area size of 457 sq m (4,920 sq ft)
  • Residential development potential to convert upper floors, subject to planning
  • Opposite Sunderland College City Campus
  • Located within 5 minute walk to Sunderland Train Station
  • Nearby occupiers include Greggs and tk Maxx amongst other retailers

Property description

Investment Consideration:
VAT is not applicable to this property
Comprises a ground floor pub with additional seating area at first floor and ancillary accommodation at second floor.
Total area size of 457 sq m (4,920 sq ft)
Residential development potential to convert upper floors, subject to obtaining the necessary consents.
Opposite Sunderland College City Campus
Located within 5 minute walk to Sunderland Train Station, which has direct trains to London King`s Cross
Nearby occupiers include Greggs and tk Maxx amongst other retailers.

Property Description:
The property comprises a ground floor pub with additional seating area at first floor and ancillary accommodation at second floor. Development potential to convert upper floors to 2 x HMO Flats or 3 x Residential Flats, subject to obtaining the necessary consents.

The property provides the following accommodation and dimensions:
Ground Floor: Bar, Seating Area, Kitchen, 3 WCs First Floor: Seating Area, 2 WCs
Second Floor: Ancillary
Total area size of 457 sq m (4,920 sq ft)

Tenancy:
The entire property is at present vacant

Location
Sunderland is a port city and the main settlement of the metropolitan borough of the City of Sunderland in Tyne and Wear, North East England. It is situated at the mouth of the River Wear, approximately 16km (10 miles) south-east of Newcastle upon Tyne and roughly 19km (12 miles) north-east of the City of Durham. Sunderland station has 5 direct trains to London King's Cross taking about 3 hours 30 minutes. Newcastle is a 30-minute Tyne & Wear Metro ride (see above) from Sunderland city centre, and has connecting services to London every half hour that take approximately 2 hours 45 minutes and also regular services to Edinburgh, Glasgow, Leeds, Manchester Piccadilly, Liverpool Lime Street, Birmingham and beyond. The property is located within 5 minute walk to Sunderland train station and opposite Sunderland College City Campus. Nearby occupiers include Greggs and tk Maxx amongst other retailers

Property info

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

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For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

Contact Blue Alpine Partners about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners 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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