Property for sale
Key information
Property description & features
- Tenure: Freehold
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]
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*DISCLAIMER
Property reference SND240094. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall - Durham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on September 9, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.