Land

The property / site is situated in a highly prominent position on the corner of Villiers Street South and Hudson Road just off the A1018 which is one of the main arterial routes around the City Centre of Sunderland making this a very accessible and visible site. The property is situated on the fringe of the city centre in a mixed use area with a number of residential and commercial uses in close proximity. The property / site briefly comprises of an industrial storage unit, 3 bed maisonette set within a secure yard / compound. The property would lend itself to a variety of uses and re redevelopment, subject to the requisite the planning consents being obtained.

Location - The property / site is situated in a highly prominent position on the corner of Villiers Street South just off the A1018 which is one of the main arterial routes around the City Centre of Sunderland making this a very accessible and visible site. The property is situated on the fringe of the city centre in a mixed use area with a number of residential and commercial uses in close proximity.

Description - The property / site briefly comprises of an industrial storage unit, 3 bed maisonette set within a secure yard / compound.

The property would lend itself to a variety of uses and re redevelopment, subject to the requisite the planning consents being obtained.

Accommodation - We calculate the following approximate accommodation:

3- 4 Villiers Street

Storage unit unit:
3 Bed maisonette

Hardstanding compound / site area.

Tenure - We are advised that the tenure is freehold

Purchase Price - We are instructed to seek offers in the region of £349,950

Rateable Value - The Valuation Office has confirmed the Rateable Value(s) as follows: Workshop and Premises £TBC

The Uniform Business Rate for the Rates Year 2019/2020 is 49.1p. If necessary a written request should be made to the Local Authority for confirmation. Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification.

Freehold Legal Costs - Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing - Strictly by appointment only through sole agents Michael Hodgson Chartered Surveyors & Estate Agents. Tel No.[use Contact Agent Button]