Retail premises for sale in 11 Stockton Road, Sunderland SR1
Offers in region of
£250,000 (£214.04/sq. ft)
Interested in this property?
Call +44 191 723 0021 *
* Calls to this number will be recorded for quality, compliance and training purposes.
Retail premises for sale
- City centre retail premises
- Extremely prominent position
- Arranged over 3 floors
- Totalling 3,610 ft2 (335.38 m2)
- May suit leisure use STP
- Non - VAT registered property
Prominently located at the junction of Olive Street and Stockton Road adjacent to Park Lane transport interchange which incorporates Metro, Bus and taxi connections. The property is shown on the attached Goad plan.
The entire property is arranged over 3 floors and was formerly occupied by Barnardo’s who in recent years carried out a refurbishment programme which included new external cladding, windows and re-roofing.
The property briefly comprises as follows:-
ground floor ft m
Sales Area Internal Width 58’1” 17.70
Sales Depth 23’4” 7.31
Sales Area 1215 112.87
first floor 1168 108.51
second floor 1227 113.99
Offers sought in the region £250,000 may be considered for the freehold interest with vacant possession.
Each party will be responsible for their own Legal Fees incurred in the transaction.
Contact – Mario Jaconelli or Alexa Reavley
We are advised the property is not elected for VAT and therefore the sale price will not be subject to VAT.
Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £17,500. 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.
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.
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.
Energy Rating D
* Sizes listed are approximate. Please contact the agent to confirm actual size.
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.
View all Stockton Road commercial properties for sale