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1-4 Austin Blvd 5,626 sq ft 59% Let Office Property Sunderland SR5 2AL £180,000 (£31.99/sq ft)
Investment Highlights
- Investment Opportunity
- Quay West Business Village
- Viewing Recommended
- Close to local amenties
- Great Connectivity
Executive Summary
*For sale via secure sale online bidding: terms and conditions apply.*
An excellent opportunity to acquire a fully let commercial investment property situated within the popular Quay West Business Village in Sunderland. The property is currently occupied by two established tenants and generates a combined rental income of £1,725 per calendar month (£20,700 per annum), making it an attractive ready-made investment.
The unit is arranged over two floors, providing flexible commercial accommodation suitable for a variety of uses.
The ground floor is currently occupied by a well-established hot and cold food deli, benefiting from regular custom from nearby businesses and the surrounding commercial area.
The first floor is let separately and provides a large open plan office space, complemented by a private office/meeting room and WC facilities, making it ideal for professional or administrative use.
Located within Quay West Business Village, the property benefits from a well-established business environment with convenient access to the A1231 and A19, providing excellent connectivity throughout Sunderland and the wider North East region.
This property represents an ideal purchase for investors seeking a hands-off commercial investment with immediate income and existing tenants in place.
An excellent opportunity to acquire a fully let commercial investment property situated within the popular Quay West Business Village in Sunderland. The property is currently occupied by two established tenants and generates a combined rental income of £1,725 per calendar month (£20,700 per annum), making it an attractive ready-made investment.
The unit is arranged over two floors, providing flexible commercial accommodation suitable for a variety of uses.
The ground floor is currently occupied by a well-established hot and cold food deli, benefiting from regular custom from nearby businesses and the surrounding commercial area.
The first floor is let separately and provides a large open plan office space, complemented by a private office/meeting room and WC facilities, making it ideal for professional or administrative use.
Located within Quay West Business Village, the property benefits from a well-established business environment with convenient access to the A1231 and A19, providing excellent connectivity throughout Sunderland and the wider North East region.
This property represents an ideal purchase for investors seeking a hands-off commercial investment with immediate income and existing tenants in place.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Property Size
5,626 sq ft
Costar Property Class
B
Year Built
2009
Price
£180,000
Price per sq ft
£31.99
Occupancy Rate
59%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,344 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.04
Total Plot Size
2.92 ac
Parking
53 Spaces (3.41 Spaces per 1,000 sq ft Leased)
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Brims Construction Ltd
- -
- 3,463 sq ft
- -
- -
- Munchies Deli
- -
- -
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Brims Construction Ltd | - | 3,463 sq ft | - | - | ||
| Munchies Deli | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
May split on floor-by-floor basis from 553 ft2 (51 m2). Ground and first floor totals - 1,145 ft2 (106 m2).
May split on floor-by-floor basis from 553 ft2 (51 m2). Ground and first floor totals - 1,145 ft2 (106 m2).
| Space | Size | Space Use | Condition | Available |
| Ground-Ste 4 | 553 sq ft | Office | Full Fit-Out | Now |
| 1st Floor | 592 sq ft | Office | Full Fit-Out | Now |
Ground-Ste 4
| Size |
| 553 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
1st Floor
| Size |
| 592 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
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Ground-Ste 4
| Size | 553 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
May split on floor-by-floor basis from 553 ft2 (51 m2). Ground and first floor totals - 1,145 ft2 (106 m2).
1st Floor
| Size | 592 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
May split on floor-by-floor basis from 553 ft2 (51 m2). Ground and first floor totals - 1,145 ft2 (106 m2).
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Pattinson Commercial
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1-4 Austin Blvd
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