FOR SALE/TO LET FORMER CAR DEALERSHIP

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TO NEWCASTLE AND SOUTH TYNESIDE

TO NEWCASTLE

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FOR SALE/TO LET FORMER CAR DEALERSHIPStadium Way, Sunderland SR5 1AT11,448 sq ft (1,005 sq m)ON 1.11 ACRES (0.45 HA)

AccommodationSQ FT SQ M

Showroom 4,921 398.6Ancillary 731 67.9Parts 579 53.8Workshop 2,397 222.7Diagnostic Bay 290 26.92Parts Mezzanine 291 27.0First Floor Offices & Ancillary 1,607 149.3Freestanding Valet Bay 632 58.8TOTAL GIA 11,448 1,005

Parking

Used Car Display 80General Parking 37TOTAL PARKING 117

The property sits on a site of 1.11 acres (0.45 hectares) and produces a site density of 22%.

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LocationSunderland is located approximately 10 miles south east of Newcastle upon Tyne and boasts excellent road transport links and connectivity to the North East via the A1(M), A19 and A690. The property is situated approximately 1.5 miles north of the city centre directly adjacent to Sunderland A.F.C’s Stadium of Light, one of the city’s most notable landmarks. The Sunderland Aquatics Centre, The Hilton Garden Inn and the Stadium of Light Metro station are all a short walk from the property. The site has a prominent pitch, positioned in close proximity to one of Sunderland’s major Retail Parks which houses occupiers such as Tesco, McDonalds, B&M Stores and Pure Gym. Additionally, there is significant motor trade representation nearby along Newcastle Road including the likes of Audi, Toyota and Ford.

DescriptionThe property comprises a high quality purpose built car dealership constructed in 1998, designed originally for Audi and provides a refurbished 12 car showroom, offices, workshop and an external freestanding valet bay to the rear. The low site density of 22% ensures there is a large number of parking with approximately 80 used car display spaces and 30 general parking spaces.

Important Notice : Automotive Property Consultancy Ltd and Broadoak Asset Management Ltd for themselves and for the vendors of this property, whose agents they are, give notice that:-• The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice.• All descriptions, dimensions, areas, reference to condition and necessary permission for use and occupation and other details are given in good faith, and are believed to the correct, but any intending purchaser should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as the correctness to each of them.• No person in the employment of Automotive Property Consultancy Ltd or Broadoak Asset Management Ltd has any authority to give any representations or warranty whatever in relation to this property on behalf of Automotive Property Consultancy Ltd or Broadoak Asset Management Ltd, nor enter into any contract on behalf of the Vendor. • No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let, or withdrawn.

August 2021.

Bobby Barfoot 07721 019211 [email protected] Bexson07831 827442 [email protected]

Jonathan Sykes 07767 240821 [email protected] Seager07771 926699 [email protected]

automotive-property.com0203 588 7200

ViewingAn escorted viewing can be arranged solely with either of the joint agents.

PlanningThe property lies adjacent to the major Riverside Sunderland city centre regeneration scheme with plans to develop 1,000 new homes and 1 million square feet of office space. The scheme is one of the most ambitious city centre regeneration proposals in the UK. Visit www.riversidesunderland.com for more details.

The property falls within an area surrounding the Stadium of Light designated in the Local Development Plan (adopted 2007) as a “Comprehensive Development Site” encompassing mixed use regeneration for the immediate area. Currently the site has planning permission for Sui Generis Car Dealership granted in 1996.

TenureFreehold.

Energy Performance CertificateD(91).

Rateable Value£120,000 effective from 1st April 2017.

PricePrice on application.

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STADIUM WAY SUNDERLAND SR5 1AT