58-60, St Lukes Terrace, Sunderland, Tyne & Wear, SR46NF
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- TENANTED MIX USED COMMERCIAL PROPERTY**** Compromises Ground floor commercial with 2 flats above. Total rent £31,500 per annum. 189.75 sq m (2,042 sq ft) Situated close to Sunderland Rail Statio
- 58 -60 St. Lukes Terrace (Ground Floor) Let to DP Realty Ltd (t/a Domino's) on a FRI Lease For a term of 20 years from 26.10.2020 Rent review every 5th year Rent: £21,000 p.a.
- 58a St. Lukes Terrace First Floor flat Rolling Tenancy producing £5,100 p.a. 60a St. Lukes Terrace First Floor flat Rolling Tenancy producing £5,400 p.a.
- PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £31,500 PER ANNUM
- Nearby occupiers include Domino's Pizza, Heron Foods, Greggs, Subway, Papa Johns, William Hill and a number of independent takeaway operators.
Description
** SALE BY AUCTION - 19 November 2026 - Timed Online Auction **
TENANTED MIX USED COMMERCIAL PROPERTY**** Compromises Ground floor commercial with 2 flats above. Total rent £31,500 per annum. 189.75 sq m (2,042 sq ft) Situated close to Sunderland Rail Station 58 -60 St. Lukes Terrace (Ground Floor) Let to DP Realty Ltd (t/a Domino's) on a FRI Lease For a term of 20 years from 26.10.2020 Rent review every 5th year Rent: £21,000 p.a. 58a St. Lukes Terrace First Floor flat Rolling Tenancy producing £5,100 p.a. 60a St. Lukes Terrace First Floor flat Rolling Tenancy producing £5,400 p.a. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £31500 PER ANNUM Nearby occupiers include Domino's Pizza, Heron Foods, Greggs, Subway, Papa Johns, William Hill and a number of independent takeaway operators.
The property ooccupies a position within the established suburban shopping parade of Pallion, approximately three miles west of Sunderland city centre. St. Lukes Terrace is the principal local shopping destination serving a densely populated residential catchment, comprising a variety of national retailers, independent businesses, convenience stores, food outlets and service providers. This established mix of businesses helps create a recognised local commercial centre, attracting regular custom from surrounding residential neighbourhoods and providing a convenient shopping destination for local residents.
Auction Details
19 November 2026, 10am-3pm
Timed Online Auction
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58-60, St Lukes Terrace, Sunderland, Tyne & Wear, SR46NF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pallion Metro Station0.3 miles
- Millfield Metro Station0.3 miles
- University Metro Station0.8 miles
Notes
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*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.”