Residential Development Opportunity with Full Vacant Possession
Residential development opportunity (subject to consents)
Located within walking distance of the town centre, Sunderland Railway Station and Bridges Shopping Centre
Nearby occupiers include Kwik-Fit and Lloyds Pharmacy
Lot 46
Auction 8th July 2010
Vacant Possession
Status Sold
Price £105,000
Sector Residential
Auction Venue Millennium Hotel 39-44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Miles
13 miles north-east of Newcastle upon Tyne
13 miles south-west of Durham
Roads
A690, M1
Rail
Sunderland Railway Station
Air
Newcastle International Airport
Situation
The property is situated in a prominent corner location on the western side of Foyle Street, at its junction with Borough Road. The property is within walking distance of Sunderland town centre, Sunderland railway station and Bridges Shopping Centre. Other nearby occupiers include Kwik-Fit and Lloyds Pharmacy.
Tenure
Virtual Freehold. Held from Susan Auriol Gray for a term of 999 years from 1st January 2002 at a fixed rent of 3 per annum
Location
Miles
13 miles north-east of Newcastle upon Tyne
13 miles south-west of Durham
Roads
A690, M1
Rail
Sunderland Railway Station
Air
Newcastle International Airport
Situation
The property is situated in a prominent corner location on the western side of Foyle Street, at its junction with Borough Road. The property is within walking distance of Sunderland town centre, Sunderland railway station and Bridges Shopping Centre. Other nearby occupiers include Kwik-Fit and Lloyds Pharmacy.
Tenure
Virtual Freehold. Held from Susan Auriol Gray for a term of 999 years from 1st January 2002 at a fixed rent of 3 per annum
Description
The property, a GRADE II LISTED BUILDING situated in a Conservation Area, comprises part basement, part ground and three upper floors, all offered with full vacant possession. As to the shaded area on the title markup, please note that only the upper floors are included in the title of this part. Please refer to the legal documentation for further information. Planning Listed building consent was sought and approved subject to conditions, for the internal refurbishment of six apartments following fire damage in 2008. For further information please refer to http://www.sunderland.gov.uk. Reference: 07/04636/LBC.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a GRADE II LISTED BUILDING situated in a Conservation Area, comprises part basement, part ground and three upper floors, all offered with full vacant possession. As to the shaded area on the title markup, please note that only the upper floors are included in the title of this part. Please refer to the legal documentation for further information. Planning Listed building consent was sought and approved subject to conditions, for the internal refurbishment of six apartments following fire damage in 2008. For further information please refer to http://www.sunderland.gov.uk. Reference: 07/04636/LBC.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Floor Areas (Approx)
Tenancy
Basement Ground First Second Third
50.20 sq m 62.03 sq m 117.29 sq m 117.29 sq m 95.13 sq m
