Retail premises for sale in Fawcett Street, Sunderland SR1

Offers over £300,000 (£55.32/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

5,423 sq. ft*

Property features

  • Large Ground Floor Sales plus Upper Floors
  • Prominently situated opposite main Post Office
  • Lots of recent student accommodation developments
  • Ideal for residential conversion. Floor Plans appended
  • Main Bus Route
  • Ground Floor 2247ft2 (209m2)
  • Ancillary 3176ft2 (295m2)

Property description

Location
The property is centrally located on Fawcett Street which is a secondary retail location within the city centre opposite the Post Office and close to Wilkinson’s, Barclays, Lloyds TSB and Sunderland Railway and Metro Station. It is also a busy bus route and student residential area.

Description
Substantial retail premises providing open plan sales on ground floor with storage to upper floors.

Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Sales Area 1700 157.93

Ancillary 547 50.82

First Floor
Net Internal Area 1322 122.81

Second Floor
Net Internal Area 887 82.40

Third Floor
Net Internal Area 967 89.83

total 5423 503.80

Tenure
Freehold

Asking Price
Offers in excess of £300,000 (three hundred thousand pounds)

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

Viewing
Contact – Marc Weaver or Alexa Reavley



• VAT
Figures quoted exclude VAT where chargeable.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £31,250. The Uniform Business Rate for the Rates Year 2023/2024 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
C4090


EPC


Energy Rating 122/E

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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