Property for sale

Sornel, Sunderland Road

£60,000

Property Description

Key features

  • Ground Floor Retail Premises For Sale
  • Net Internal Area 37.35m2 (402ft²)
  • Popular Location Situated on Busy Road
  • Extensive Car Parking Adjacent
  • Would suit a Variety of Uses STP
  • For Sale Only £60,000

Full description

LOCATION
The property is resides on a prominent location on Sunderland Road, in the Horden area of Peterlee. The property lies only 2.5 miles from the A19, the main north-south arterial route for the region, as it travels 13 miles north to Sunderland and 21 miles south to Middlesbrough. Sunderland Road is home to a number of residential properties and commercial occupiers.

SITUATION
The subject is located on a parade of shops with a mix of occupiers such as takeaways, convenience stores and day care facilities.

DESCRIPTION
The unit is a double fronted retail shop of brick construction under a multi-pitched, tiled roof. The double, fronted glazed shop allows for extensive window displays whilst benefits from the security of electric roller shutters.

The property benefits from an extensive adjoining car parking area.

ACCOMMODATION
Retail Unit – 37.35m2 (402ft²) NIA

RATING ASSESSMENT
We understand that the rating assessments on the premises as at 1 April 2010 is as follows.
Description   RV  UBR
Shop & Premises  £2,950  48.4p

We understand that the property will qualify for full business rate relief, however, please contact the Local Authority for further information.

LEGAL COSTS
Either party to be responsible for their own legal costs save the to be responsible for providing an undertaking that should they withdraw before the matter is completed, they will be responsible for the landlords abortive legal costs incurred in the matter. 

ASKING PRICE 
Our client is seeking offers in the region of £60,000 for the benefit of their freehold interest.

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

VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors on 0191 383 9999.

AGENTS NOTES
You may search our company website www.bradleyhall.co.uk for details of all our current instructions.
In accordance with the Code of Leasing Business Premises: England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed.
A copy of the Code of Leasing Business Premises: England and Wales can be obtained at www.leasingbusinesspremises.co.uk or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806.








More information from this agent

Listing History

Added on Rightmove:
30 July 2016

Nearest station

  • Seaham (4.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Bradley Hall Chartered Surveyors & Estate Agents, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0029 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Seaham (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors & Estate Agents, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0029 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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