Office for sale in Toward Road, Sunderland SR2

Location
Toward Road is located just off Villette Road serving a densely populated residential area approximately 1 mile south of Sunderland city centre to the south of Sunderland City Centre. The Villette Road local shopping parade is within immediate walking distance. Good regional access is provided via Ryhope Road and the A1018 Southern Radial Route which are both within very close proximity.

Description
The property comprises a purpose bult medical centre constructed in 1994 arranged over ground and first floors situated on a secure site having a private block paved car park immediately to the front. The property is shown for identification purposes on the attached plan.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor
Surgery and Premises 2874 266.99
First Floor 509 47.29
Offices and premises 961 89.28
total 3835 356.27
Externally
Car parking for approximately 15-16 cars.
Site Area Approx. 0.2 acres

Tenure
We are advised the property is held Freehold.

Asking Price
Offers in the region of £225,000 (two hundred and twenty five thousand pounds).

Leasehold
Alternatively a new Lease is available at a commencing annual rental of £20,000 for a term of years to be agreed (minimum 5 years) on a tenant Fri basis subject to 3 yearly Rent Reviews.

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

Viewing
Contact – Mario Jaconelli or Alexa Reavley

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• VAT
The property is not subject to VAT.

Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £14,000. 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
C4199

EPC

Energy Rating 67/C

Joint Agent
Michael Hodgson