Guide price
£130,000
Retail premises for saleChester Road, Sunderland SR4
EPC Rating: D
Just added
About this property
Summary
For Sale: A truly distinctive mixed use commercial property in Sunderland, occupying a prime location. This purchase offers an unparalleled opportunity for entrepreneurs to invest in a buzzing, successful business venue.
We are pleased to offer to auction this mixed use premises, situated on the popular Chester Road. The property comprises of a tenanted ground floor retail unit previously used run as Kelly's Cycles. In addition to the retail unit, there is a spacious two bed tenanted maisonette spread across two floors with its own access and private rear yard offering off road parking for multiple cars.
For further details and to arrange a viewing, please get in touch with our team at Pattinson Estate Agents. This is an outstanding opportunity not to be missed!
Accommodation
Brief comprising of a ground floor retail unit accessed from street level, and two bed living accommodation above. Externally there is a rear yard.
Location
The property is well located on the popular Chester Road and is short distance from the City Centre and its local amenities.
Tenure
Freehold, Title number: DU27747
Rateable Value
The adopted rateable value is 5,300 as of 1st April 2017. Sourced from voa.
EPC
Shop: We are currently waiting for a copy of the EPC.
Flat: Available upon request (rating D).
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 7,200 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.
For Sale: A truly distinctive mixed use commercial property in Sunderland, occupying a prime location. This purchase offers an unparalleled opportunity for entrepreneurs to invest in a buzzing, successful business venue.
We are pleased to offer to auction this mixed use premises, situated on the popular Chester Road. The property comprises of a tenanted ground floor retail unit previously used run as Kelly's Cycles. In addition to the retail unit, there is a spacious two bed tenanted maisonette spread across two floors with its own access and private rear yard offering off road parking for multiple cars.
For further details and to arrange a viewing, please get in touch with our team at Pattinson Estate Agents. This is an outstanding opportunity not to be missed!
Accommodation
Brief comprising of a ground floor retail unit accessed from street level, and two bed living accommodation above. Externally there is a rear yard.
Location
The property is well located on the popular Chester Road and is short distance from the City Centre and its local amenities.
Tenure
Freehold, Title number: DU27747
Rateable Value
The adopted rateable value is 5,300 as of 1st April 2017. Sourced from voa.
EPC
Shop: We are currently waiting for a copy of the EPC.
Flat: Available upon request (rating D).
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 7,200 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.
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