Retail premises for sale in Blandford Street, Sunderland SR1

Location
Blandford Street is a pedestrianised City Centre retailing location linking Waterloo Place with Crowtree Road and Park Lane where the entrance to The Bridges Shopping Centre is located. Several national traders are represented nearby including Home Bargains, Heron Foods (opposite) and Betfred (adjacent). The location of the property is shown on the attached Goad Plan.

Description
The premises are arranged over Ground Floor and first floors providing 2 separate self-contained units, the sales shop having been extended to full site depth offering good clear open plan sales space. The property would suit an owner occupier/investor for a variety of retail uses. With potential residential use STP on the first floor which has separate access.

Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor ft m
Sales Area Internal Width 19’1 5.82
Max Sales Depth 69’0” 21.03
Sales Area 1067 99.12

First Floor (self-contained access)
Offices/Workshop 456 42.36

Tenure
We are advised the property is Freehold.

Asking Price
Offers in the region of £110,000 (one hundred and ten thousand pounds)

VAT

The property is not subject to VAT.

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

Viewing
Contact – Mario Jaconelli or Alexa Reavley

•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is:-
Ground Floor £ 18,000
First Floor £4,200
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.

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 C4233 EPC Energy Rating 52/C