44 John Street Sunderland SR1 1RB

August 2018

For Sale

─ Self Contained ─ City Centre Building ─ Suitable for Redevelopment - Subject to Consents ─ Potential Office, Retail, Leisure, Residential Opportunity ─ BEST AND FINAL OFFERS ON OR BEFORE 12 NOON ON

TUESDAY 23RD OCTOBER 2018

08449 02 03 04 Avisonyoung.co.uk/14254

44 John Street, Sunderland, SR1 1RB

Location The property is situated on John Street in the heart of Sunderland City Centre. Sunderland Train Station is located 200 metres from the property. Sunderland’s main retail destination The Bridges Shopping Centre is located within a 5 minute walk. The historic area of Sunniside which accommodates a number of bars and restaurants is located just to the north of the property.

Description The building is an attractive three storey mid terraced property of brick construction with pitched roofs and a parapet and ornate coving to the John Street elevation. We understand that the property was constructed in 1876 and is Grade II listed, and is located in the Sunniside conservation area. To the rear of the property are a number of on site car parking space. Internally the building provides office space on the ground floor being a mix of open plan and cellular style accommodation. The first floor accommodates two court heaving rooms and support office space. The lower ground floor level provides storage accommodation, staff rest facilities and boiler room.

Accommodation The accommodation briefly comprises of the following approximate areas:

Rateable Value We understand that the property has the following rateable value £41,500. However, we recommend that all interested parties make their own enquiries to the Local Rating Authority.

Tenure We understand that the property is held on a freehold basis.

Purchase Price Offers invited.

Money Laundering In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful party.

Description sq m sq ft

Ground Floor 231.30 2,489.71

First Floor 313.20 3,371.28

Lower Ground 229.40 2,469.26

Total 773.90 8,330.25

Planning The property is Grade II listed and is located within the Sunniside Conservation area. The Sunniside area of the City Centre in which the property is located is identified as a strategic location for change by UPD Alteration No. 2 Policy SA55B.1 of the UDP Alteration No. 2 states that the Council will encourage the continued development of the Sunniside Area as a lively mixed use urban quarter within a high quality physical environment. The policy sets out that the following uses would be supposed in this area.

A1 Retail A2 Financial and Professional Services A3 Restaurant and Café A4 Drinking Establishments B1 Business C1 Hotels C3 Housing

Display Energy Certificate

Avison Young Central Square South, Orchard Street, Newcastle upon Tyne, NE1 3AZ Avison Young is the trading name of GVA Grimley Limited

Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent Avison Young is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or

lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission

for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.

(3) No person in the employment of Avison Young, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure.

(4) All prices quoted are exclusive of VAT. (5) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not

by Avison Young.

Our offices:

Birmingham Bristol Cardiff Dublin Edinburgh Glasgow Leeds Liverpool London Manchester Newcastle

17 September 2018 File number: 15B801050

Legal Costs Each party to bear their own reasonable legal costs incurred in the transaction.

VAT All rents and figures quoted above are exclusive of VAT where chargeable.

For further information please contact:

Tony Wordsworth 0191 269 0508 tony.wordsworth@Avisonyoung.com

Glenn Laws 0191 269 0064 glenn.laws@Avisonyoung.com

Property ref: 14254 .co.uk/14254