Retail premises for sale in 15 Waterloo Place, Sunderland SR1

Offers in region of £175,000 (£44.64/sq. ft)
Retail premises for sale 3,920 sq. ft*
Interested in this property? Call +44 191 723 0021 * or Request Details

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

Property features

  • Large city centre retail premises
  • Prominent corner position
  • Return frontage to Blandford Street
  • Totalling 3920 ft2 (364.17 m2)
  • Nearby Coral, Santander and N/castle Building Society
  • Opposite Sunderland Railway/Metro Station

Property description

Location
Waterloo Place is a secondary City Centre retail location linking Athenaeum Street with Holmeside. The property is prominently located on the corner of Waterloo Place and Blandford Street from which it has access and extensive return frontage. Nearby occupiers include, Santander, Coral, Newcastle Building Society and Wilkinsons. Plans to redevelop the central train station (opposite) have recently been announced which will see a £26m investment in rebuilding the southern entrance.

Description
The property is end terraced arranged over 3 storeys plus Basement and provides full site coverage with a recessed area from rear lane and further display window.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor
Net Sales Area 1068 99.22

First Floor
Net Internal Area 1046 97.17

Second Floor
Net Internal Area 735 68.28

Basement
Net Internal Area 531 49.33

total 3920 364.17

Tenure
We are advised the property is held Freehold.

Asking Price
Offers invited in the region of £175,000 (one hundred and seventy-five thousand pounds)
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Mario Jaconelli or Alexa Reavley



• VAT
Figures quoted exclude VAT where chargeable.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £41,000. The Uniform Business Rate for the Rates Year 2021/2022 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.

Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref C4020 EPC To be provided

Agents Note
We are instructed to sell the property on behalf of the lpa Receivers.

Property info

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

Arrange Viewing

For more information about this property, please contact
Lofthouse and Partners Ltd, SR1 on +44 191 723 0021 * (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 Lofthouse and Partners Ltd, and do not constitute property particulars. Please contact Lofthouse and Partners Ltd 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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