MapGuide price
£1,800,000Property for sale
Pickersgill Court, Quay West Business Park, Sunderland, Tyne & Wear, SR5
Property
Key information
Features and description
- Tenure: Freehold
Video tours
LOCATION
The property is located on the northern banks of the River Wear on Quay West Business Park, just off the B1539 with good access to the A19 to the west. Located 1.9 miles northwest of Sunderland city centre, the premises benefits from being a short drive from the Nissan Manufacturing Plant and Hylton Retail Park.
The city of Sunderland is currently undergoing a significant transformation underpinned by the Riverside Sunderland development which has seen over 100,000 sq.ft. of Grade A office space newly developed with commitment from Ocado and Royal Sun Alliance. Further information upon the transformation of the city can be found at:
DESCRIPTION
Three modern two storey brick-built office buildings with attractive views overlooking the River Wear. Each property has ground and first floor office accommodation and WC facilities.
Car parking is available on site with 24 car parking spaces within the demised area.
ACCOMMODATION
Property
7-8 Pickersgill Court 977 M2 10,516 Ft2
RATING ASSESSMENT
Property
Rateable value as at 1st April 2023
Rates payable for current year
7-8 Pickersgill Court
£84,500
£42,165
This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
EPC RATING
7-8 Pickersgill Court- EPC rating Band C.
TERMS
The property is available by way of Freehold title at an asking price of £1,800,000 (One Million Nine Hundred And Fifty Thousand Pounds) which represents a Net Initial Yield of 6.63% assuming usual purchaser’s costs.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact the Sunderland Office [use Contact Agent Button] or[use Contact Agent Button]
The property is located on the northern banks of the River Wear on Quay West Business Park, just off the B1539 with good access to the A19 to the west. Located 1.9 miles northwest of Sunderland city centre, the premises benefits from being a short drive from the Nissan Manufacturing Plant and Hylton Retail Park.
The city of Sunderland is currently undergoing a significant transformation underpinned by the Riverside Sunderland development which has seen over 100,000 sq.ft. of Grade A office space newly developed with commitment from Ocado and Royal Sun Alliance. Further information upon the transformation of the city can be found at:
DESCRIPTION
Three modern two storey brick-built office buildings with attractive views overlooking the River Wear. Each property has ground and first floor office accommodation and WC facilities.
Car parking is available on site with 24 car parking spaces within the demised area.
ACCOMMODATION
Property
7-8 Pickersgill Court 977 M2 10,516 Ft2
RATING ASSESSMENT
Property
Rateable value as at 1st April 2023
Rates payable for current year
7-8 Pickersgill Court
£84,500
£42,165
This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
EPC RATING
7-8 Pickersgill Court- EPC rating Band C.
TERMS
The property is available by way of Freehold title at an asking price of £1,800,000 (One Million Nine Hundred And Fifty Thousand Pounds) which represents a Net Initial Yield of 6.63% assuming usual purchaser’s costs.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact the Sunderland Office [use Contact Agent Button] or[use Contact Agent Button]
About this agent
We are a multi-disciplinary chartered surveying and property consultancy with more than 25 years’ experience of the local housing market. Operating primarily from our Durham, Gosforth and Alnwick offices, our residential team is made up of highly qualified, motivated staff who pride themselves on offering an unrivalled personal service to homebuyers and sellers. We guide you through the sales process from instruction through to completion and strive to make this journey as hassle-free as possible. With our in-depth local knowledge, we are best placed to provide advice on the valuation, acquisition, disposal and letting of a wide range of homes. Our extensive marketing and negotiation skills enable us to get the best deal for you in a timely and efficient manner. We also provide consultancy services on a diverse range of regeneration projects, from city centre residential developments to mixed-use out-of-town schemes.