Skip to content

Chester Road, Sunderland

Description

INVESTMENT FOR SALE. An opportunity to purchase a retail and residential investment, with a ground floor shop and self contained residential accommodation above. Situated in a prominent position in Chester Road. Approximately half mile to the west of Sunderland City Centre. The shop is close to Sunderland Royal Hospital. There are a variety of local and national retailers on Chester Road. It is one of the best known shopping streets in Sunderland. The property comprises a mid terraced ground floor shop let as a barber with self contained two storey accommodation above. The residential accommodation and has been let out previously although is currently vacant. The shop has been recently fitted out and is in good condition. The first and second floors are vacant and in need of updating. 

Location
Situated in a prominent position in Chester Road. Approximately half mile to the west of Sunderland City Centre. The shop is close to Sunderland Royal Hospital. There are a variety of local and national retailers on Chester Road. It is one of the best known shopping streets in Sunderland.

Description
The property comprises a mid terraced ground floor shop let as a barber with self contained two storey accommodation above.
The residential accommodation and has been let out previously although is currently vacant.
The shop has been recently fitted out and is in good condition. The first and second floors are vacant and in need of updating.

Accommodation
The property comprises a mid terraced three storey property with a ground floor shop with a retail area with self contained residential accommodation at first and second floor level.

Accommodation

Ground floor shop
Sales 35 sqm
Kitchen
Toilet

First and Second Floor Flat

Entrance Hall
Kitchen 4.27m X 2.13m
Utility 1.90m X 2.90m

First Floor
Bedroom 1 4.15m X 2.13m
Bedroom 2 4.08m X 3.19m
Bedroom 3 3.01m X 2.11m
Bedroom 4 5.4m X 2.90m (max)

Second Floor

Bedroom 5 5.34m X 5.43 (max)

Features

Electric roller shutter to shop

Terms
The property is for sale subject to the 3 year lease at a rent of £6000 per annum for the ground floor tenant.
The upper floors are vacant

Rates
Shop
The current rateable value is £5,200
Rates Payable £2246 per annum
Under current business rates rules most occupiers are entitled to small business rates relief discount from these figures, with many occupiers paying no rates what so ever. Interested should contact Sunderland Council Business Rates Department
Flat Council Tax band A

Shared rear yard

EPC Shop Rating to be confirmed

EPC Flat rating E

We understand that the property is freehold

Viewing: Strictly by appointment through this office


 
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Chester Road, Sunderland

Approximate location
Open mapStreet View

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Affordability

Monthly repayments£502
Property: £ 99,950
Deposit: £ 9,995
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
See similar nearby properties

About Alfred Pallas, Fulwell

64 Sea Road, Fulwell, Sunderland, SR6 9DB
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

FULWELL OFFICE

Established in 1973, our Fulwell branch was the first estate agency office to cater specifically for the needs of the north Sunderland Area. In the intervening period Alfred Pallas has established a reputation as the specialists in the valuation and sale of properties on the north side of the river Wear. With an extensive corner window display and a dynamic customer focused sales team, you can be assured of an efficient, high quality service.

Alfred Pallas Chartered Surveyors is a family run estate agency firm established in 1973 and serving the City of Sunderland, South Tyneside and the wider north east region beyond. With 3 strategically and prominently located branches, Alfred Pallas provides specialist advice on a range of property related matters.

Alfred Pallas is a family business like few others in the region. With five members of the Pallas family working day to day in the firm (three of whom are Chartered Surveyors) clients can be assured of a highly personal service at all times. Offering a dynamic and innovative approach to marketing properties combined with traditional values of customer care and professional integrity, at Alfred Pallas you can be sure that you will be in experienced hands

Check how much you can borrow

Get an instant, personalised result:

  • Show sellers you’re serious
  • Secure viewings faster with agents
  • No impact on your credit score
Get a Mortgage in PrinciplePowered by

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 100568012802. 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 Alfred Pallas, Fulwell. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Email agent

Call agent

Email agent