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Agent's details

1-2 Percy Terrace

For sale: £95,000.00|To rent: ROA|2,093 Sq Ft|General Retail, Leisure Property, Retail, Licensed & Leisure

Property details

FOR SALE£95,000.00
SIZE2,093 Sq Ft
ADDRESS1-2 Percy Terrace, Penshaw, Houghton Le Spring, DH4 7PG
TYPEGeneral Retail, Leisure Property, Retail, Licensed & Leisure
TENURETo Let, Under Offer, For Sale Freehold, For Sale Leasehold
POSTED ON29th May 2023


Key Points

  • Suitable for various uses
  • Unconditional offers only
  • Summary



    2-storey corner end terrace retail property (formerly the Co-operative food store) set beneath a pitched roof with a rear single storey extension set beneath a flat roof.

    Internally, the property comprises retail, offices and stores to the ground floor and kitchen, WC, office and storage to the first floor.

    Externally and to the rear, there is an enclosed yard with 2 small outbuildings.

    Refurbishment required. Schedule of photos available on request.


    Penshaw is a town situated approximately 6 miles south west of Sunderland City Centre; 12 miles south east of Newcastle upon Tyne; and 11 miles north east of Durham City Centre.

    Located within a built up residential area prominently positioned on the corner of Percy Terrace and adjacent to new Co-op food store.

    There are regular bus services within reasonably easy walking distance. Road links are reasonable with the A19 and A1 within 2 (to west) and 3 (to east) miles respectively.


    The property is available by way of a new Full Repairing and Insuring lease for a term to be agreed at a commencing rent of £12,000 per annum exclusive of VAT. The property is also available freehold with full vacant possession. The quoting price is £95,000 exclusive of VAT. Unconditional offers will only be considered.


    Location: 1-2 Percy Terrace, Penshaw, Houghton Le Spring, DH4 7PG

    Chester-le-Street (3.4 miles)

    Sunderland (5.2 miles)

    Heworth (5.7 miles)

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