Commercial Property in SR1 available for sale
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Commercial Properties for Sale in the SR1, Sunderland

Explore the Latest SR1 Commercial Property for Sale

More details for 56 Frederick St, Sunderland - Office for Sale

56 Frederick St

Sunderland, SR1 1NF

  • Office for Sale
  • £150,000
  • 1,063 sq ft
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More details for 12-16 Frederick St, Sunderland - Retail for Sale

Lynas House - 12-16 Frederick St

Sunderland, SR1 1NA

  • Retail for Sale
  • £575,000
  • 10,551 sq ft
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More details for 61 – 63 Fawcett Street – Retail for Sale, Sunderland

61 – 63 Fawcett Street

  • Retail for Sale
  • 11,524 sq ft
  • 2 Retail Properties
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More details for 64 Fawcett St W, Sunderland - Retail for Sale

Elephant Tea Rooms/Former Bank - 64 Fawcett St W

Sunderland, SR1 1BB

  • Retail for Sale
  • 7,736 sq ft
  • 24 Hour Access
  • Metro/Underground

Sunderland Retail for Sale

Elephant Team rooms is in a prime spot opposite Mackie’s Corner home to an eclectic mix of creative and retail businesses, providing a major boost to the city’s high street. Nested between this new vibrant quarter and the city’s historic Sunniside district, which itself is set to be transformed into a leisure destination. The Elephant Tea Rooms is a Grade II listed building situated within the heart of Sunderland city centre. Built between 1872 and 1877 by Henry Hopper for a local tea merchant, it provides a blend of the high Victorian Hindu Gothic and Venetian Gothic styles. The building was designed to highlight the exotic origins of the tea sold there. The building is formed as a combination of three historic buildings and provides accommodation across basement, ground, first and second floors beneath pitched slate roofs. The façade has recently been renovated to provide an attractive frontage more in keeping with the character of the building. The property benefits from a highly decorative façade onto Fawcett Street including a stone and terracotta pinnacle on the south corner of the façade. City Centre Location Main public entrance to the building via double doors off Fawcett Street Suspended ceiling Recessed lighting 4 floor to ceiling windows on ground floor Gas fired boiler Ceiling mounted cassette heaters at ground and first floor Panelled radiators at second floor

Contact:

BNP Paribas Real Estate UK

Date on Market:

10/06/2024

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FAQs about Commercial Properties For Sale in SR1

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How many Commercial Property listings are available for sale in SR1?
There are currently 5 Commercial Properties available for sale near SR1. These SR1 Commercial Property listings have an average size of. The largest available listing in SR1 is. The thriving commercial centre and excellent transport links in SR1 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in SR1?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in SR1 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in SR1?
There is a diverse range of commercial properties available in SR1 to suit various business needs. SR1 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 SR1 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the SR1, Sunderland

You searched for commercial property for sale in SR1. Explore 5 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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