Office for sale in Pickersgill Court, Sunderland SR5

Location

The subject property is located on Pickersgill Court within Quay West Riverside Business Village in Sunderland. The office park lies to the north of Sunderland city centre on the edge of the Queen Alexandra Bridge. The area benefits from good transport links with the nearby Wessington Way providing seamless access onto the A19.

Description

The premises comprises a self-contained two storey mid terrace office building of steel frame construction. The modern unit benefits from the following specification: Open plan office space, Central heating system, Dedicated car parking, WC facilities and Security and fire alarm system.

Accommodation

Ground Floor Office 49.3 sq. M 531 sq. Ft
First Floor Office 53.1 sq. M 572 sq. Ft

Rating assessment

The rateable value of the premises as at 1 April 2023 is £10,250 and the estimated rates payable for the current year is £5,023. 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

EPC Rating – C 55.

Terms

Available by way of Long Leasehold subject to estate and ground rent provisions at an asking price of £150,000+VAT.

Service charge

The property is subject to an annual service charge covering management fees, grounds and estate maintenance and landscaping etc. We understand the service charge for the current year is approximately £2,500 inclusive of VAT subject to annual review.

Ground rent charge

We are advised the property is subject to a ground rent charge of approximately £563.42 inclusive of VAT.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Legal costs

Each party is responsible for their own legal costs.

Anti-money laundering regulations

In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.