Home » Property Search » Auctions » 13/12/16 » 8-12 Murton Street, Sunderland, Tyne & Wear, SR1 2RB

Lot 39 - 8-12 Murton Street, Sunderland, Tyne & Wear, SR1 2RB

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FREEHOLD OFFICES & LEISURE BUILDINGS WITH PLANNING CONSENT FOR DEVELOPMENT

Guide price: £100,000 plus *

Auction Date

Tuesday, 13th December 2016 11:00am

Location & Description

Comprising offices and two private clubs within a mixed commercial/residential area just to the east of Mowbray Park about ½ mile south east of Sunderland city centre.
Sunderland is a major city and port located at the mouth of the River Wear and is adjacent to both the A19 & A1(M) approximately 10 miles south east of Newcastle upon Tyne.
The property is located at the junction with Murton Street and Tatham Street Back adjoining the recently developed Sunderland Software City, a local joint enterprise funded by the European Regional Development Fund (ERDF) for inspiring & enabling the development of software and creating a tech hub in the North East of England.

OFFERED VACANT WITH PLANNING PERMISSION FOR RESIDENTIAL RE-DEVELOPMENT

PLANNING

The property benefits from planning permission, subject to a s106 from Sunderland City Council ref: 13/02683 for residential re-development to provide 17 x three storey town houses.
Previously permissions have been granted in 2007 for 45 apartments and six commercial units and in 2010 for 38 apartments.

EPC Rating

On application

Property Features

  • Close to Sunderland City Centre
  • Planning for Residential Development

Result

Sold for £104,000.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.