Retail in SR2 available for sale
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Retail Properties for Sale near the SR2, Sunderland

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Retail Properties for Sale Within 5 miles of the SR2, Sunderland

More details for 7 Norfolk St, Sunderland - Retail for Sale

7 Norfolk St

Sunderland, SR1 1EA

  • Retail for Sale
  • £300,000
  • 474 sq ft

Sunderland Retail for Sale

Positioned in the heart of Sunderland city centre, Norfolk Street offers a rare opportunity to acquire a stunning mixed-use commercial property within a beautiful period building. Formerly home to a wellness therapy centre and a boutique gym on the lower ground floor, this versatile premises combines classic character with modern presentation, making it ideal for a wide range of business uses.<br/><br/>The property is arranged over multiple levels and features generous, well-proportioned rooms filled with natural light. Each space has been thoughtfully maintained and upgraded, offering a bright, contemporary feel while retaining the charm of the building’s original architecture. High ceilings, elegant period detailing, and a welcoming layout make the environment both professional and inviting.<br/><br/>With its adaptable floorplan, the premises lends itself perfectly to a variety of commercial ventures—including health and wellbeing services, professional offices, creative studios, retail, consultancy rooms, or leisure-based businesses. The previous gym area on the lower ground floor offers additional flexibility for fitness or treatment-related uses.<br/>Located in a highly accessible area, just moments from key transport links, city amenities, and public parking, 7 Norfolk Street provides convenience for clients, customers, and staff alike.<br/><br/>This is an exceptional opportunity to secure a stylish, spacious, and well-presented commercial property in one of Sunderland’s most established central locations. Perfect for businesses seeking a unique and adaptable space with both character and modern appeal.<br/><br/>Book a viewing today to avoid missing out on this unique opportunity.

Contact:

Keller Williams Plus

Property Subtype:

Shopfront Retail / Residential

Date on Market:

13/12/2025
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More details for 150 Gleneagles Rd, Sunderland - Retail for Sale

150 Gleneagles Rd

Sunderland, SR4 9QX

  • Retail for Sale
  • £625,000
  • 2,000 sq ft

Sunderland Retail for Sale

The property is freehold and comprises of seven individual commercial units plus a three bedroom flat. Benefiting from a diverse and robust tenant mix, including a dance studio, takeaway, convenience store, Pilates studio, and carwash—each currently let on FRI leases to reputable local businesses. Above the main commercial units, a self-contained three-bedroom flat is also included, currently generating £8,400 per annum in rental income. Together, the combined annual rental income for the entire property stands at an impressive £64,200, reflecting a highly attractive yield of just over 10% at the asking price. The entire site spans approximately 2,495 sqm, providing ample scope for commercial activity and possible future redevelopment, subject to the necessary planning consents. The property is surrounded by established residential neighbourhoods and can also be, in future, redeveloped into a housing estate to capitalise on the ever growing demand for new homes.

Contact:

Spire Property Group & Consultants

Property Subtype:

Fast Food

Date on Market:

28/11/2025
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More details for 1-1A West Lea, New Herrington - Retail for Sale

1-1A West Lea

New Herrington, DH4 4LH

  • Retail for Sale
  • £85,000
  • 1,256 sq ft

New Herrington Retail for Sale - Houghton-le-Spring

For sale via secure sale online bidding: terms and conditions apply.* We are pleased to offer to auction this two storey mixed use end terraced property, prominently located on the corner of West Lea and Fenton Terrace, just behind Herrington Country Park. The property comprises a ground floor retail unit with flat above. Both units are tenanted, generating a total annual income of £11,100. We are advised that both units are currently let. The shop is let for £5,400 per annum, and the flat at £5,700 per annum (totalling £11,100pa). Please refer to the legal pack for full tenancy information.

Contact:

Pattinson Commercial

Property Subtype:

Shopfront Retail / Residential

Date on Market:

28/11/2025
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More details for 158 Chester Rd, Sunderland - Retail for Sale

158 Chester Rd

Sunderland, SR4 7EY

  • Retail for Sale
  • £160,000
  • 251 sq ft

Sunderland Retail for Sale

Outstanding mixed-use property, combining both commercial and residential accommodation, situated in the highly sought-after Millfield area of Sunderland. This versatile premises offers an excellent opportunity for investors, business owners, or those seeking a live-work arrangement in a vibrant part of the city. Ideally positioned for convenient access to a wealth of local amenities, shopping centres, and well-respected educational facilities, this property is perfectly placed for modern living and business needs. The area provides excellent connectivity to Sunderland City Centre and the wider North East region, thanks to comprehensive local transport links. This property comprises a spacious ground floor shop, a rear kitchen area, and an extensive workshop/garage to the rear, providing exceptional flexibility for a range of business uses. The commercial space is offered with vacant possession, allowing the new owner to occupy or let as desired. In addition to the commercial premises, the property also features an upper floor two-bedroom flat. This residential unit can be accessed either via the commercial premises or through its own private front door, ensuring privacy and independence for occupants.

Contact:

Pattinson Commercial

Property Subtype:

Shopfront Retail / Residential

Date on Market:

24/11/2025
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LoopNet UK Tyne And Wear Sunderland Retail Properties For Sale in SR2, Sunderland, UK

Learn More About Investing in Retail Properties

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FAQs about Retail property for sale in SR2

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in SR2?
There are currently 0 Retail Properties available for sale near SR2. These SR2 Retail Property listings have an average size of. The largest available listing in SR2 is. The thriving commercial centre and excellent transport links in SR2 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in SR2?
The average price/SF for Retail Property for sale in SR2 is about. The cost per sq ft for Retail Property in SR2 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in SR2?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in SR2?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in SR2 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the SR2, Sunderland

With 0 retail units currently available for sale in SR2, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in SR2, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in SR2, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in SR2 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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