Retail premises for sale in 147 Chester Road, Sunderland SR4

Offers in region of £185,000 (£885.17/sq. ft)
Retail premises for sale From 209 - 557 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

  • Suburban retail property
  • Comprising Ground floor retail premises
  • With large self-contained living accommodation
  • Well located within established parade
  • Adjacent to Greens Pharmacy and close to Greggs
  • Investment opportunity

Property description

Location
Chester Road is a busy suburban shopping parade on the outskirts of Sunderland serving a densely populated residential area close to Sunderland Royal Hospital. The property is prominently located in what is arguably the most prime pitch within Chester Road diagonally opposite The Chester’s public house and adjacent to Greens Pharmacy. Nearby occupiers include William Hill, Spar, Greggs, Subway and Ramsdens.

Description
The property is of brick and slate construction with a 2-storey offshoot extension to the rear. The building is arranged over ground, first and second floors. The ground floor retail shop has been occupied as a retail butchers for approximately 30 years having a secure yard to the rear with parking for 2 vehicles. There is self-contained residential accommodation on the first and second floors with gas central heating and UPVC double glazing with separate access from Chester Road.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor ft m
Sales Area Internal Width 16’2” 4.92
Increasing to 20’4” 6.19
Sales Area 541 50.26

Preparation/Stores 209 19.42

First Floor
Living Room, 2 beds, bathroom 557 51.75

Externally

Tenure
We are advised the property is Freehold. A lease may be considered. See agents note


VAT


Figures quoted exclude VAT where chargeable.

Asking Price
Offers in region of £185,000 (one hundred and eighty-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



• Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value of the ground floor is £8,500. 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. Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification. We understand the residential accommodation falls within Council Tax Band A.

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 C4034 EPC Awaiting information

Agents Note
Alternative our client may consider a lease of the ground floor

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)

Contact Lofthouse and Partners Ltd about this property

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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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