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Roker Avenue, Fulwell, Sunderland, Tyne and Wear, SR6 0HQ

Guide Price
£140,000

£108.36 per sq ft

Business rates & charges may apply

Pattinsons, Pattinsons Commercial North East
SIZE AVAILABLE

1,292 sq ft

120 sq m

SECTOR

High street retail property for sale

Key features

  • Ground floor retail unit
  • Upper maisonette
  • Incredible potential
  • Prime location

Description

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this Mixed-Use Property for Sale in Sunderland. Please note that secure online bidding is required for this auction, and terms and conditions apply.

Pattinson estate agents are delighted to bring to auction a remarkable mixed-use property located in the bustling Roker Avenue retail area, situated in the popular Fulwell area of Sunderland. This opportunity presents a ground floor commercial unit along with an additional 4 bedroom upstairs maisonette, with the latter currently having a tenant in situ

The dual nature of the property offers significant investment potential. The commercial unit’s flexible layout and prime location are attractive to entrepreneurs and businesses, while the maisonette can provide a strong steady rental income. This combination makes the property a prudent choice for investors looking to diversify their portfolio.

For those interested in this unique property, secure online bidding is available with specific terms and conditions that apply

This is a rare opportunity to acquire a versatile mixed-use property in one of Sunderland’s most dynamic areas. Don’t miss out on the chance to make a valuable addition to your investment portfolio or to find the perfect space for your business and living needs.

Location

The property is strategically positioned on Roker Avenue, a thriving retail street that enjoys high foot traffic and visibility. The Fulwell area is renowned for its vibrant community and robust commercial activity, making this an ideal location for business operations. Proximity to other shops, amenities, and transport links further enhances its appeal.

Accommodation

Commercial Unit:
This ground floor commercial unit has historically served the community as an opticians. It boasts a highly adaptable internal layout, capable of being reconfigured to accommodate a variety of business needs. Whether it's retail, office space, or another commercial venture, the generous size of the unit ensures ample space to fulfil your requirements.

Upper maisonette:
Accessible via a separate entrance to the front of the property, the maisonette is entirely self-contained. While it may benefit from some modernization, it presents a versatile opportunity either to live in or to generate a strong additional income. Spread over all 3 floors, this vast home oozes potential and has the potential to be set up in various configurations, with plans showing a potential layout of 6 individual bedsits, with communal bathroom (subject to relevant permissions which would need ...

Tenure

Freehold. Title number TY186516.

Rateable Value

The current rateable value is £4,700 (1 April 2023 to present).

Sourced from VOA.

Council Tax

Band A.

EPC

We are currently awaiting a copy of the energy performance certificate.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . 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.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Roker Avenue, Fulwell, Sunderland, Tyne and Wear, SR6 0HQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stadium of Light Metro Station0.3 miles
  • St Peter's Tram Stop0.5 miles
  • Sunderland Station0.7 miles

About Pattinsons, Pattinsons Commercial North East

Kingfisher Way Silverlink, Wallsend, NE28 9NY

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 478411. 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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