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Retail / Development Opportunity

East Boldon £315,000 Freehold REF: NE1816

Location

This property is located on the main A184 road   which runs through East Boldon towards Sunderland. The property forms part of a larger commercial terrace and the immediate area is a mixture of retail, leisure and residential accommodation with the benefit of on street parking.

East Boldon is a popular suburb to the north west of Sunderland with excellent access from the A19 which links Teesside, South Tyneside and North Tyneside.  East Boldon has a good local infrastructure with the benefit of both a railway and Metro station.

Property

Comprises an extensive end terrace 4 storey property of traditional red brick construction with a slate roof over.  The property is currently trading as a home furnishings retailer but would be suitable for a range of uses and the upper floors could be converted into residential accommodation, subject to any planning.

Accommodation;

Lower Ground Floor

Cellar / Store             300 sq.ft. (27.7 sq.m.)                      

Ground Floor

Showroom 1              700 sq.ft. (71 sq.m.)

Office                          140 sq.ft. (13 sq.m.)

Kitchen

Store

First Floor

Showroom 2              550 sq.ft. (51 sq.m.)

Staff 2x W.C.

Second Floor

Showroom 3              240 sq.ft. (23 sq.m.)

Showroom 4              150 sq.ft. (14 sq.m.)

Showroom 5                65 sq.ft. (  6 sq.m.)

External

Rear Yard space

Garage                       160 sq.ft. (15 sq.m.)

Services

Gas, electric and water are installed on site.

Rates

The premises are assessed as follows:

Rateable Value           £5,600

Rates free incentives subject to status.

Tenure

The property is available on a freehold basis.

EPC

Rating – C.

Fixtures & Fittings

The premises are extensively fitted and equipped and a full inventory would be made available prior to any exchange of contracts.

Money Laundering Regulations

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

 

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