Frederick Street, Sunderland, Tyne and Wear, SR1 1NF
- SIZE
Ask agent
- SECTOR
Office for sale
Key features
- Potential development Opportunity
- Prominent location within Sunniside
- Corner of Frederick Street/Athenaeum Street
- Modern Construction with open plan floor plates
- First floor tenanted @ £10,000 pa until May 2025
- Ground floor and basement vacant
- 3 car parking spaces
Description
We are pleased to offer to auction this superb corner property which comprises office spaces over 3 floors and 3 parking spaces.
The property is prominently located at the junction of Frederick Street and Atheneum Street. Within easy walking distance are the recently developed rail and metro station, The Bridges shopping centre and Museum and Winter Gardens.
Ground floor office - 793 square feet
First floor office - 762 square feet
Lower ground floor office - 782 square feet
Please note we have not inspected this property.
Location
The property is prominently located at the junction
of Frederick Street and Atheneum Street within the
main professional area close to various firms of
surveyors, estate agents and solicitors including
Dowen’s, Hackett’s, and Martin & Co. The
impressive Sunniside Gardens and Esports
performance campus sit adjacent and within easy
walking distance are the recently redeveloped rail
and Metro station, The Bridges shopping centre
and Museum and Winter Gardens
Lease details
We are advised the property is Freehold. The
ground and first floors will be sold with vacant
possession. The first floor is let to Adecco UK
Limited for a term of 3 years expiring 23/05/2025
at an annual rental of £10,000 on an EFRI basis with
service charge provisions.
Rateable Value
The Valuation Office has confirmed the current
Rateable Values are:
Ground Floor £7,300
First Floor £6,000
Lower Ground Floor £2,900
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.
EPC
Ground Floor Energy Rating 71/C
First Floor Energy Rating 65/C
Basement Energy Rating 67/C
Additional information
For further information please contact our office direct on , or alternatively email us at . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Energy Performance Certificates
EPCBrochures
Frederick Street, Sunderland, Tyne and Wear, SR1 1NF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sunderland Station0.2 miles
- Park Lane Metro Station0.4 miles
- St Peter's Tram Stop0.6 miles
Notes
Disclaimer - Property reference 479935. 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 Pattinsons, Pattinsons Commercial North East. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Commercial North East on 0191 743 9260.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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