Land For Sale £600,000
Nile Street, Sunderland SR1

On behalf of our client we are delighted to offer for sale a development opportunity located within Sunderland City Centre. The site extends to 0.17 acres and is currently a cleared site. Immediately to the west of the site lies the regenerated Sunniside Gardens. The site has a history of planning consents with the most recent and revised scheme reflecting the current accommodation need in the city.

Important Note to Purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

LLW180002/3

Town Planning

0 x 0 - The site benefits from full planning consent (Ref: 16/00748/ful) to redevelop the site, along with signed and paid for Section 106 Agreement, Party Wall Agreement and Section 177 Agreement.
The planning permission proposes the erection of a six story building comprising of 54 apartments/studios (30 studio apartments, 12 one bed apartments, 4 two bed apartments and 8 three bed apartments). The ground floor of the development has three commercial units of A1, B1 or D1 use with a combined area of circa 612 sq/m.
Further plans and information are available on request.
All interested parties must satisfy themselves with regards to the planning position and acceptability of proposals by making the relevant enquiries with the local planning authority, Sunderland City Council (tel .

Services

0 x 0 - We understand the mains services are located close to the site; however interested parties are responsible for making their own proposed use.

Location

0 x 0 - The site is in the city centre and therefore well situated for amenities. The land is located at 42-45 Nile Street, with a frontage to Nile Street and Coronation Street. Within a five minute walk there is access to pharmacies, medical centre, bars, restaurant s, cinema, business centre and a church. A bus stop is also close by which joins to the Metro line in the centre of Sunderland connecting through to Newcastle and further afield.

Tenure

0 x 0 - The property is available on a freehold basis with vacant possession upon completion

VAT & Legals

0 x 0 - We are informed that the property is not registered for VAT
Each party will be responsible for their own legal costs.

Offers

0 x 0 - Offers are invited on either a conditional or unconditional basis and it will be the purchaser s responsibility to satisfy themselves with regard to planning, legal and technical issues affecting the site.

Viewings

0 x 0 - All viewings are strictly by appointment with the selling agent. Interested parties wising to inspect the site can do so by contacting the lsl land team.