Retail premises for sale in Fawcett Street, Sunderland SR1

Location

The properties are located on Fawcett Street in Sunderland City Centre close to the junction with St Thomas Street. The unit occupies a prominent location in the city centre, only 3 minutes walk to Sunderland metro/train station and close to nearby occupiers including: Wilkinsons, Post Office, and Flannels.

There has been recent major investment in the area providing including new student residential development and improved pedestrianised areas.

Description

The subject property is of brick construction, beneath pitched roof and comprise of 3 ground floor commercial units, with 5 recently refurbished flats above.

Accommodation

Address m² ft²

15 Fawcett St/11 St Thomas St 219.8 2,365
Flat 1 53 567
Flat 2 46 495
Flat 3 68 731
Flat 4 65 700
Flat 5 45 424
16 Fawcett St 115 1,412
10 St Thomas St 33.5 360
Total 645.3 7,054

Rating assessment

Address Rateable Value Estimated Rates
15 Fawcett St/11 St Thomas £26,000 £12,974
16 Fawcett St £25,750 £12,849
10 Thomas St £11,000 £5,489

EPC rating

Address EPC Rating

Ground Floor, 15 Fawcett St/11 St Thomas St E
Ground Floor, 16 Fawcett St G
Flat 1,10-11 St Thomas St D
Flat 2,10-11 St Thomas St D
Flat 3,10-11 St Thomas St C
Flat 4,10-11 St Thomas St C
Flat 5,10-11 St Thomas St C
Flat 6,10-11 St Thomas St C

Terms

The Freehold of the property is available for sale at a guide price of £975,000.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Legal costs

Each party is to bear their own legal costs involved in the transaction.

Money laundering regulations

In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.