Waterside House
Sunderland Enterprise Park
Sunderland
SR5 2TZ

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
    09/Jul/2020

  • Status
    Available
  • Price*
    £700,000
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
Video of Property
  • Waterside House<br>Sunderland Enterprise Park<br>Sunderland<br>SR5 2TZ
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

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.

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

FloorUseFloor 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 £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    01.07.20
    File Size
    44 MB
    Login to View
  • Catalogue Page
    Updated Date
    22.06.20
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    22.06.20
    File Size
    606 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Knights Plc Midland House West Way, Botley
Oxford
OX2 0PH
Chris Dickinson 01865 592 428chris.dickinson@knightsplc.com

Useful Links

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now