Commercial property for sale in Sunderland

*For sale via secure sale online bidding: terms and conditions apply.*  We are pleased to offer to auction this superb corner property which comprises office spaces over 3 floors and 3 parking spaces.   The property is prominently located at the junction of Frederick Street and Atheneum Street. Within easy walking distance are the recently developed rail and metro station, The Bridges shopping centre and Museum and Winter Gardens.  Ground floor office - 793 square feet  First floor office - 762 square feet  Lower ground floor office - 782 square feet  Please note we have not inspected this property. Location The property is prominently located at the junction of Frederick Street and Atheneum Street within the main professional area close to various firms of surveyors, estate agents and solicitors including Dowen’s, Hackett’s, and Martin & Co. The impressive Sunniside Gardens and Esports performance campus sit adjacent and within easy walking distance are the recently redeveloped rail and Metro station, The Bridges shopping centre and Museum and Winter Gardens Lease details We are advised the property is Freehold. The ground and first floors will be sold with vacant possession. The first floor is let to Adecco UK Limited for a term of 3 years expiring 23/05/2025 at an annual rental of £10,000 on an EFRI basis with service charge provisions. Rateable Value The Valuation Office has confirmed the current Rateable Values are: Ground Floor £7,300 First Floor £6,000 Lower Ground Floor £2,900 The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation. EPC Ground Floor Energy Rating 71/C First Floor Energy Rating 65/C Basement Energy Rating 67/C Additional information For further information please contact our office direct on , or alternatively email us at . 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 working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.   Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.  This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.  The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website. Auctioneers Additional Comments Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.  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.  In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures. 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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.  Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Commercial property for sale in Sunderland, England

Office for sale

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