Offices in SR5
Austin Boulevard, ., Sunderland, Tyne and Wear, SR5 2AL
Online auction
- Investment Opportunity
- Prime Commercial Location
- Close to Local Amenties
- Leasehold Title
- VAT applicable
Offices in SR5
*For sale via secure sale online bidding: terms and conditions apply.*
An excellent opportunity to acquire a fully tenanted commercial investment property situated in a well-established and highly sought-after commercial location in Sunderland. This modern unit forms part of a popular business park, benefiting from strong visibility and convenient access to key transport routes.
The property is currently fully let, providing immediate rental income for investors seeking a stable, income-producing asset. The existing tenancy offers security and continuity, making this an ideal hands-off investment with long-term potential.
Austin Boulevard is a thriving commercial hub within Sunderland, attracting a range of established businesses and benefiting from ongoing local development. The area’s popularity ensures consistent tenant demand and long-term investment stability.
This is a rare opportunity to secure a high-performing commercial asset in a prime location, ideal for both seasoned investors and those looking to expand their portfolio.
Key Features:
- Fully tenanted – instant income
- Located in a prime commercial area with strong demand
- Modern, well-maintained unit suitable for a variety of business uses
- Excellent transport links and accessibility
- Established surrounding occupiers enhancing business appeal
- Potential for future rental growth and capital appreciation
For further information or to arrange a viewing, please get in touch today.
Summary
- Property Type: Offices
- Tenure: Leasehold
- Parking: Allocated
Location
Located within Quay West Business Village, the property benefits from a well-established business environment with convenient access to the A1231 and A19, providing excellent connectivity throughout Sunderland and the wider North East region
Accommodation
Arranged over two floors, the property benefits from a secure entry system, WC, kitchen and lounge area, and a large office on the first floor.
The upper floor, accessed via stairs, provides a further WC, glass-fronted office, and a spacious open plan office area.
EPC
Available upon request (rating B).
VAT
We are advised VAT is applicable on the purchase price.
Tenure
Leasehold of 125 years from 1 January 2009. Title number TY514354.
Additional Information
For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial.ne@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.
Floor Plan
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5%, subject to a minimum £4000 which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 2.5%+ VAT to a minimum of £3,000 + VAT (£3,600 inc VAT) This does not form part of the purchase price.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,001 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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