£120,000

Retail premises for sale

  1. Property photo 1 of 7.
  2. Property photo 2 of 7.
  3. Property photo 3 of 7.
Just added

£120,000

Retail premises for sale

Blandford Street, Sunderland SR1

Local area information

Property location

Nearby amenities

  • Sunderland 0.1 miles
  • Hudson Road Primary School 0.4 miles
  • St Anthony's Girls' Catholic Academy 0.4 miles
  • Seaham 5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Sunderland to find out more about the local area.

Features and description

  • City Centre retail premises in pedestrianised location
  • Ready for immediate occupation
  • Ground floor sales area 1181 ft2 (109.71 m2)
  • First floor ancillary 562 ft2 (52.21 m2)
  • Well fitted throughout
Summary

To Be Sold Via Online Auction

An exceptional opportunity to acquire a well-presented retail premises in a prominent pedestrianised location in the heart of the city centre. Surrounded by established national retailers including Home Bargains, Heron Foods, and Betfred, this property benefits from strong footfall and excellent visibility.

The premise is ready for immediate occupation and comprise:
- Ground Floor Sales Area: 1,181 sq ft (109.71 m)
- First Floor Ancillary Space: 562 sq ft (52.21 m)

Well-fitted throughout, the property presents a turnkey investment opportunity, an excellent addition to any investment portfolio. Its strategic position and layout offer strong rental appeal and potential for long-term capital growth.

Please note we have not inspected this property.

Location

Blandford Street is a pedestrianised City
Centre retailing location linking Waterloo
Place with Crowtree Road and Park Lane
where the entrance to The Bridges Shopping
Centre is located. A number of national
traders are represented nearby including
Home Bargains, Heron Foods and Betfred. The
location of the property is shown on the
attached Goad Plan.

Accommodation

The property briefly comprises as follows:-

Ground flor: Sales area
1181 ft2 (109.71 m2)

First floor: Store/ancillary
562 ft2 (52.21 m2)

Tenure

Freehold

EPC

Energy Rating 79/D

Rateable Value (Rv)

The Valuation Office has confirmed the
current Rateable Value is 17,000. The
Uniform Business Rate for the Rates Year
2025/2026 is 49.9p. If necessary, a written
request should be made to the Local Authority
for confirmation.

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.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Sunderland
  5. Sunderland City Centre
  6. Blandford Street