Warehouse for sale in Rear Fox Street, Sunderland SR2

Location
The property is located to the rear of Fox Street which is accessed from Durham Road A690 and Otto Terrace and sits immediately to the rear of Broad Meadows within the Thornhill suburb of Sunderland.

Description
The premises have been occupied and well maintained by a building company for many years and are in good order throughout. We are advised the property has a 3-phase electricity supply.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor
Workshop 1144 106.28

Covered Store 396 36.79

First Floor
Workshop/Offices 1210 112.41

Tenure
We are advised the property is Freehold.

Asking Price
Offers in the region of £115,000 (one hundred and fifteen thousand pounds). Completion available after 6th April 2024.

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
Figures quoted exclude VAT where chargeable. We do not believe the property is elected for VAT.

Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £5,800. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Based upon this assessment and subject to meeting certain criteria the property may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification

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.

Agents Note
Various items of machinery and equipment will be left in the property and included in the sale and an inventory is available upon request.
Ref
C4209

EPC

Energy Rating D