House For Sale The Cloisters, Sunderland, SR2
£499,000
1 of 15
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Last Updated: 14th March 2024
Description
LOCATION
Situated in a prominent corner position on The Cloisters within the highly regarded Ashbrooke Conservation Area. The property lies on the fringe of Sunderland city centre in a quasi-commercial area, surrounded by traditional Victorian era terraced housing, churches, temples and historic parks. Sunderland City centre is located within 0.5 miles via the A1018.
The Cloisters forms part of Mowbray Road, which lies to the southern boundary of the Ashbrooke Conservation Area which was designated in 1969.
DESCRIPTION
The property comprises two adjoining end and mid terraced former office premises with accommodation over lower ground, upper ground, first and second floor levels. The property is estimated to date from the late Victorian era and is of traditional construction, retaining an abundance of period features including grand entrances and timber sash windows.
Most recently the premises were occupied as an office premises and historically as a care home.
ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:
ACCOMMODATION
We calculate the approximate gross internal floor areas to be:
Lower Ground Floor 220m² 2,367ft²
Upper Ground Floor 200m² 2,152ft²
First Floor 220m² 2,152ft²
Second Floor 160m² 1,721ft²
Total 800m² 8,608ft²
EPC RATING
Awaiting EPC rating
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £… and the estimated rates payable for the current year is £…. 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.
TERMS
The property is Freehold with a guide price of £499,000 (Four Hundred and Ninety Nine Thousand Pounds).
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
Tenure: Freehold | Rateablve Value: TBC | EPC Rating: Band G | Superfast Broadband available | Unrestricted mobile phone coverage |
Services: The property benefits from mains gas, elecrticity and drainage.
Situated in a prominent corner position on The Cloisters within the highly regarded Ashbrooke Conservation Area. The property lies on the fringe of Sunderland city centre in a quasi-commercial area, surrounded by traditional Victorian era terraced housing, churches, temples and historic parks. Sunderland City centre is located within 0.5 miles via the A1018.
The Cloisters forms part of Mowbray Road, which lies to the southern boundary of the Ashbrooke Conservation Area which was designated in 1969.
DESCRIPTION
The property comprises two adjoining end and mid terraced former office premises with accommodation over lower ground, upper ground, first and second floor levels. The property is estimated to date from the late Victorian era and is of traditional construction, retaining an abundance of period features including grand entrances and timber sash windows.
Most recently the premises were occupied as an office premises and historically as a care home.
ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:
ACCOMMODATION
We calculate the approximate gross internal floor areas to be:
Lower Ground Floor 220m² 2,367ft²
Upper Ground Floor 200m² 2,152ft²
First Floor 220m² 2,152ft²
Second Floor 160m² 1,721ft²
Total 800m² 8,608ft²
EPC RATING
Awaiting EPC rating
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £… and the estimated rates payable for the current year is £…. 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.
TERMS
The property is Freehold with a guide price of £499,000 (Four Hundred and Ninety Nine Thousand Pounds).
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
Tenure: Freehold | Rateablve Value: TBC | EPC Rating: Band G | Superfast Broadband available | Unrestricted mobile phone coverage |
Services: The property benefits from mains gas, elecrticity and drainage.
Agent Details
Bradley Hall Chartered Surveyors
26, New Elvet, Durham, DH1 3AL
Show Contact Number
0191 383 9999
Investment Analysis
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.