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Development Site, Toward Road, Sunderland, SR2 8JF

Guide price: £135,000.00|Auction date: 2020-04-21|Lot: -|Land, Commercial Land

PROPERTY DETAILS

ADDRESSDevelopment Site Toward Road, Sunderland, SR2 8JF
TYPELand, Commercial Land
TENUREFor Sale Freehold, For Sale Leasehold
TENANCYVacant
POSTED ON9th March 2020

DESCRIPTION

Development Site

This Development site, just half a mile from Sunderland City Centre, has benefited from Detailed Planning Permission in 2012 and is now lapsed for 120 bedrooms (20 flats) of student accommodation.

The immediate area is characterised by mainly residential dwellings and the award winning Mowbray Park and Winter Gardens are directly adjacent and pleasantly situated opposite the site.

Sunderland City Centre is accessed easily by foot a few minutes walk away and all main arterial road links are close by with Newcastle to the North and Durham and Teeside to the South.

Sunderland is constantly regenerating and boasts a highly regarded University with various site campuses within and across the City. Over recent years we have seen the demand for quality student accommodation sore, with many students residing in luxury private residential accommodation due to the shortage of purpose built schemes.

Sunderland has excellent transport links, a growing and strong retail sector, teaching hospital and Olympic swimming pool.

This is an excellent opportunity to undertake such a scheme as alluded to above or to in fact present a different scheme, subject to planning approval.

Tenure

See Legal Pack

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Sunderland City Council

Solicitors

Square One Law, Anson House, Flemming Business Park, Burdon Terrace, Newcastle, NE2 3AE, Ref: Peter Clegg, Tel: 0191 250 8530

Additional Fees

Administration Charge - £900 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times

Please call Auction House North East on 0191 908 9691 to arrange a viewing

LOCATION

Location: Development Site Toward Road, Sunderland, SR2 8JF

Sunderland (0.6 miles)

Seaham (4.1 miles)

Heworth (8.2 miles)

AGENT'S DETAILS

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