Industrial for sale in Hylton Road, Sunderland SR4

£425,000 (£95.1/sq. ft)
Interested in this property? Call +44 191 686 9796 * or Request Details

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

Industrial for sale 4,469 sq. ft*

Property description

Location


The property is situated on the Pennywell Industrial Estate, which is imme-diately adjacent to the A19, approximately four miles to the west of Sun-derland City Centre. Access into the estate is from the A183 which connects the A19 providing access to the north and south. Immediately to the south of the property there is a new development which is comprises a kfc drive thru, 14,000 sq ft Aldi Supermarket, 25,000 sq ft Wickes and a coffee drive thru.


Description


The property comprises a hybrid office/industrial unit of steel framed construction having a combination of brick and profiled metal cladding elevations with a pitched roof. There The clear eaves height is 3.8 metres. There is a roller shutter door on the northern elevation. Internally the office accommodation is over 2 floors and benefits from new LED lighting, air conditioning, raised floors, CCTV throughout and double glazing. Furthermore the warehouse accommodation comprises Externally there is a car park with space for 18 cars and a small yard to the rear of the unit.


Accommodation


Ground floor 313.59m2 3,376 sq ft
First floor 120.87m2 1,093 sq ft
Total 434.64m2 4,469 sq ft


Rating assessment


Description rv Estimated Rates Payable
Factory & Premises £23,750 £11,851.25
We are advised that the rateable value of the premises as at 1 April 2017 is £23,750 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority.


EPC rating


C54

Terms


This property is available by way of a new Full Repairing and Insuring lease at an annual rent of £37,500 per annum. The property is also available for sale by way of long leasehold for £425,000. The building is subject to a 125 year lease from August 2006. Further information is available on request.


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.

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

Arrange Viewing

For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (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 Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall 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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