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Under offer

Retail Unit / Office

Southwick £49,950 Freehold REF: NE1625

Location

The property is located on the main road running through Southwick, just to the east of the central shopping area. The unit forms part of a parade of units comprising a range of retail and hot food takeaways with mainly residential accommodation above. Southwick is an established residential area located approximately a mile due north of Sunderland City centre.

Description

The premises comprise a self - contained retail unit which has operated as an Optician for the last 30 years.

The unit would be suitable for other uses and has a good position with frontage onto a busy road and roundabout.  The unit has the benefit of roller shutters to the front and there is access to the rear yard via a roller shutter with secure parking.   

Description

The property has been measured in accordance with the Code of Measuring Practice and reported on a Gross Internal Area basis as follows:

 

Description

sq.ft.

sq.m.

Front Shop

375

35

Rear Shop

130

12

Kitchen

68

6

W.C.

-

-

Total

573

53

Terms

The property is available to buy with offers in the region of £49,950 invited.

EPC

Rating C

VAT

No VAT is applicable.

Services

The shop front is double glazed with electric roller shutters and central heating is installed.

Legal Costs

Each party to be responsible for their own legal costs in the transaction.

Business Rates

The premises are assessed as follows:

Description                              Rateable Value

Factory & Premises                £3,350

Rate free incentives subject to status.

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.

 

 

 

 

 

 

 

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

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