Office for sale

Toward Road, Sunderland

£175,000

Property Description

Key features

  • FOR SALE
  • SUBSTANTIAL PROPERTY
  • 4 STOREYS
  • FORMER OFFICES
  • PARKING TO THE REAR
  • POSSIBLE CONVERSION
  • VIEWING ADVISED
  • EPC RATING: E

Full description

FOR SALE - SUBSTANTIAL FORMER OFFICE BLOCK - TOWARD ROAD, SUNDERLAND - Please note that the property will not be able to be used for an HMO or Hostel. The subject property is located on Toward Road, which forms one of the main arterial routes into Sunderland City Centre. The property is situated within close proximity to public transport connections and offers close links to the major road networks. The surrounding area is mixed use in nature and overlooks Mowbray Park and within walking distance of Sunderland City Centre and its many shops, bars, restaurants and facilities. The property comprises of a substantial four storey office (number 12 also benefits from a sub-basement) that is arranged into a number of small individual offices and larger offices on each floor with WC facilities. The property may suit a variety of alternative uses, subject to planning. To the rear there is secure car parking. Viewing is advised to appreciate the potential on offer.

Agents Note / Planning / Use - Proposals for B1 (current use) or the following uses would be considered appropriate for the property: C3 Residential , C2 Residential institutions and D1 non-residential institutions.

Location - The subject property is located on Toward Road, which forms one of the main arterial routes into Sunderland City Centre. The property is situated within close proximity to public transport connections and offers close links to the major road networks. The surrounding area is mixed use in nature and overlooks Mowbray Park and within walking distance of Sunderland City Centre and its many shops, bars, restaurants and facilities.

Description - The property comprises of a substantial four storey office (number 12 also benefits from a sub-basement) that is arranged into a number of small individual offices and larger offices on each floor with WC facilities.

The property may suit a variety of alternative uses, subject to planning.

To the rear there is secure car parking.

Accommodation - We calculate the property provides the following approximate areas:

Sub-basement: 71.99 sq m (775 sq ft)

Lower Ground Floor: 128.37 sq m (1,381 sq ft)

Ground Floor: 94.48 sq m (1,017 sq ft)

First Floor: 110.41 sq m (1,188 sq ft)

Second Floor: 106.16 sq m (1,142 sq ft)

Total: 511.41 sq m (5,503 sq ft)

Tenure - We are advised that the property is freehold.

Please note that the property will not be able to be used for an HMO or Hostel.

Purchase Price - We are seeking offers in the region of £175,000

Purchase Costs - The Purchaser will be responsible for the Sellers legal fees of £1450 + VAT or 0.5% of the purchase price plus VAT whichever is higher.

Rateable Value - Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value's are:

12 Toward Road: is £11,000
13 Toward Road is £10,000

However this figure cannot be relied upon and if necessary a written request should be made to the Local Authority for confirmation. The Uniform Business Rate for the Rates Year 2016/2017 is 49.7p

Viewing - Strictly by appointment only through sole agents Michael Hodgson Chartered Surveyors & Estate Agents. Tel No. (0191) 5657000


More information from this agent

Nearest stations

  • Sunderland (0.3 mi)
  • Park Lane (0.3 mi)
  • St Peter's (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Michael Hodgson, Sunderland

4 Athenaeum Street, Sunderland, SR1 1QX

0191 687 0488 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 stations

  • Sunderland (0.3 mi)
  • Park Lane (0.3 mi)
  • St Peter's (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Michael Hodgson, Sunderland

4 Athenaeum Street, Sunderland, SR1 1QX

0191 687 0488 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.

Disclaimer - Property reference 26650201. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Hodgson, Sunderland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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