Office for sale in Vine Place, Sunderland SR1
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Substantial building
- Totalling 2456 ft2 (228 m2)
- City centre location opposite Hays Travel
- Within established food and beverage quarter
- Suit owner occupier/Investor
- Potential redevelopment opportunity STP
Property description
The property is centrally situated on the south side of Vine Place within the city centre which is a main bus route through the city on the western fringe of Sunderland’s retail core close to its junction with Holmeside, Crowtree Road and Park Lane adjoining The Bridges Shopping Centre car park. Other nearby occupiers include Hays Travel, Ttonic Bar and tk Maxx with a number of food and beverage operators.
Description
The extensive building is arranged over ground, first, second and third floor plus basement.
Accommodation
The property briefly comprises as follows:-
Accommodation ft2 m2
Ground Floor
Retail/Offices 746 69.30
First Floor
Offices 487 45.24
Second Floor
Offices 544 50.54
Third Floor
Office 364 33.82
Basement
Store 315 29.26
Tenure
We are advised the property is Freehold.
Asking Price
Offers in the region of £125,000 (one hundred and twenty-five thousand pounds)
VAT
Figures quoted exclude VAT where chargeable.
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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• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £13,500. 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
C4265
EPC
Energy Rating 101/E
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Lofthouse and Partners Ltd, SR1 on +44 191 723 0021 * (local rate)
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.