Freehold Modern Office offered with Vacant Possession
Vacant Possession, occupied until recently by the Secretary of State and Local government
Established business park location, 2 miles from city centre
Modern office building providing 3,411 sq m (36,718 sq ft) of accommodation
Approximate site area of 0.725 ha (1.791 ac). providing approximately 174 car parking spaces
Asset management Opportunity
Lot 15
Auction 9th July 2020
Status Sold Prior
Price
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
13 miles north-east of Durham
14 miles south-east of Newcastle
Roads
A1231, A19, A690, A1018, A1(M)
Rail
Sunderland Railway Station
Air
Newcastle International Airport
Situation
The property is situated approximately 2 miles to the west of Sunderland City Centre. The A1231 lies immediately to the north of the business park providing links from the city to the A19. The Northern Spire Bridge crossing the River Wear is less than half a mile to the west and provides links over the River, especially between the Port of Sunderland and the city centre. Nearby occupiers include Royal Mail, Sainsbury's, Berghaus, Screwfix and Jewson.
Tenure
Freehold.
Location
Miles
13 miles north-east of Durham
14 miles south-east of Newcastle
Roads
A1231, A19, A690, A1018, A1(M)
Rail
Sunderland Railway Station
Air
Newcastle International Airport
Situation
The property is situated approximately 2 miles to the west of Sunderland City Centre. The A1231 lies immediately to the north of the business park providing links from the city to the A19. The Northern Spire Bridge crossing the River Wear is less than half a mile to the west and provides links over the River, especially between the Port of Sunderland and the city centre. Nearby occupiers include Royal Mail, Sainsbury's, Berghaus, Screwfix and Jewson.
Tenure
Freehold.
Description
The property comprises a three storey office building and benefits from suspended ceilings, raised floors, air conditioning, Floor to ceiling height of 2.98m, 2 passenger lifts, WCs on all floors and parking for approximately 174 cars. The property comprises an approximate site area of 0.725 hectares (1.791 Acres) with an approximate site coverage of 20%.
VAT
VAT is applicable to this lot.
Completion Period
Four Week Completion
EPC
Band C. See legal pack.
Description
The property comprises a three storey office building and benefits from suspended ceilings, raised floors, air conditioning, Floor to ceiling height of 2.98m, 2 passenger lifts, WCs on all floors and parking for approximately 174 cars. The property comprises an approximate site area of 0.725 hectares (1.791 Acres) with an approximate site coverage of 20%.
VAT
VAT is applicable to this lot.
Completion Period
Four Week Completion
EPC
Band C. See legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Ground First Second
Office Office Office
1,135.99 sq m 1,136.85 sq m 1,138.38 sq m
(12,228 sq ft) (12,237 sq ft) (12,253 sq ft)
VACANT POSSESSION
Total
3,411.22 sq m
(36,718 sq ft)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
Contacts
Seller's Solicitors
Knights Plc Midland House West Way, Botley Oxford OX2 0PH
