Light Industrial for sale

Nile Street, Sunniside, Sunderland

£299,950

Property Description

Key features

  • Industrial Unit
  • For Sale
  • Development Potential
  • Sunniside Regeneration
  • 5090 Sq Ft
  • Freehold
  • Excellent Opportunity
  • 299,950

Full description

The property is situated fronting Nile Street which forms part of the Sunniside regeneration area close to the city centre of Sunderland in an area currently experiencing a huge transition with nearby occupiers including The Agrent Business Centre, bars, restaurants and cafes as well as many offices. The property could be used as it current industrial use or would readily form part of the regeneration area and benefit from a new development of retail/offices or residential, subject to planning. The adjoining property now comprises of an impressive block of luxury apartments currently For Sale. The property is of brick and block construction under a corrugated metal profile roof being only a single storey, being accessed via two electrically operated roller shutters. There is a small flying freehold over the adjoining property. Internally the property provides open industrial space with a number of offices, to the first floor there are two store rooms and WC facilities.

Situation And Description - The property is situated fronting Nile Street which forms part of the Sunniside regeneration area close to the city centre of Sunderland in an area currently experiencing a huge transition with nearby occupiers including The Agrent Business Centre, bars, restaurants and cafes as well as many offices. The property could be used as it current industrial use or would readily form part of the regeneration area and benefit from a new development of retail/offices or residential, subject to planning. The adjoining property now comprises of an impressive block of luxury apartments currently For Sale. The property is of brick and block construction under a corrugated metal profile roof being only a single storey, being accessed via two electrically operated roller shutters. There is a small flying freehold over the adjoining property. Internally the property provides open industrial space with a number of offices, to the first floor there are two store rooms and WC facilities.

Accommodation - We calculate the property priveds the following gross internal areas:
Warehouse / Unit - 473 sq m ( 5090 sq ft)
First Floor Stores - 51 sq m (552 sq ft)
WC

Freehold Price - Offers in the region of £299,950

Rateable Value - Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value is ££££££. 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 2012/2013 is 45.8p.

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

Value Added Tax - Figures quoted exclude VAT where chargeable.

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 (0.5 mi)
  • St Peter's (0.6 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 (0.5 mi)
  • St Peter's (0.6 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 25190077. 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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