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 * or Request Details

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

Retail premises for sale From 1,168 - 1,227 sq. ft*

Property features

  • 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

Property description

Location
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.

Description
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.

Accommodation
The property briefly comprises as follows:-

ft2 m2
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

Asking Price
Offers sought in the region £250,000 may be considered for the freehold interest with vacant possession.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Mario Jaconelli or Alexa Reavley



• VAT
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.

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
C4044


EPC


Energy Rating D

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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