Skip to main content
  • Sign in

Retail premises for sale

£350,000 (£670.5/sq. ft) Guide price

St. Thomas Street, Sunderland SR1

Retail premises for sale From 522 - 3,557 sq. ft*
Interested in this property? Call +44 191 686 9796 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Investment opportunity comprising 4no. Retail units
  • Asset Management potential
  • Sunderland under significant regeneration scheme

Property description

Description

Location


St Thomas Street lies between the intersections of Fawcett Street and John Street within the desirable Sunniside Conservation Area in Sunderland City Centre.

Sunderland City centre is anchored by The Bridges Indoor Shopping Mall within which national multiples are represented such as River Island, H&M, Holland & Barrett and Boots.

Historically, Fawcett Street was the principal shopping parade in Sunderland housing a variety of department stores, and in more recent years the accommodation has diversified to a broader range of local retailer, leisure and residential uses.

The property is near to excellent transport links, lying just south of the A183 and Wearmouth Bridge, offering good access to the A1018 as well as the A19 to the West. Sunderland Railway Station is moments away and has recently been the subject of a £26 million redevelopment program. Metro links are also just a short walk away with fast accessability to Newcastle upon Tyne, as well as numerous local bus routes accessible on John St.

Sunderland City centre is currently undergoing a significant transformation underpinned by the Riverside Sunderland development which has seen over 100,000 sq.ft. Of Grade A office space newly developed with commitment from Ocado and Royal Sun Alliance. Further information upon the transformation of the city can be found at:


Description


A commercial portfolio situated within Sunderland City Centre. Occupies four separate retail units, all let to local retailers and located to the ground floor. Asset management potential.


Accommodation


Unit 1 48.5 sq m (522 sq ft)

Unit 2 95 sq m (1022 sq ft)

Unit 3 93.7 sq m (1008 sq ft)

Unit 4 93.3 sq m (1004 sq ft)

Total 330.5 sq m (3557 sq ft)


Rating assessment


Description rv Estimated Rates Payable

Unit 1 £12,250 £6,113

Unit 2 £12,250 £6,113

Unit 3 £10,750 £5,364

Unit 4 £13,250 £6,611

May qualify for small business rates relief.


EPC rating


To be confirmed


Tenure


Long leasehold. Further details available on request.


VAT


All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.


Legal costs


Each party is to bear their own legal costs involved in the transaction.


Money laundering regulations


In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.


Viewing


For general enquiries and viewing arrangements please contact Helen Wall at Bradley Hall.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)

Contact Bradley Hall about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Similar properties for sale nearby

7 more properties like this

View all St. Thomas Street commercial property for sale