Athol Road, Sunderland, Tyne and Wear, SR2

For sale via secure sale online bidding - terms and conditions apply.

Previously used as a car park located on Athol Road, Sunderland. There is currently no planning permission in place; however, planning consent may be achievable subject to the necessary approvals.

The plot measures approximately 23 metres in depth by 13 metres in width, offering a compact yet versatile footprint suitable for development.

The site presents strong potential for residential use or student accommodation, subject to the necessary planning permissions.

All main utilities are available within the adjoining highways, simplifying connections for future development. A combined sewer is located to the rear via a service lane, providing practical drainage access.

The land is offered on a freehold basis, giving full ownership and long-term flexibility for development or investment.

We are advised that the right-hand side of the gated area is available for sale, while the other half is not available for sale. The site for sale is outlined on the title plan as 23 & 24 Athol Road. Please refer to the legal pack for further details and the exact extent of the site.

Location

Central location with a number of shops, schools, bars and restaurants within walking distance. Sunderland train station provides transport links into London and Newcastle

Development Opportunity

The plot has an area of approximately 291.59 sqm and a perimeter or 71.5 m.

Measurements via Promap.

The site presents strong potential for residential use or student accommodation, subject to the necessary planning permissions.

Tenure

Freehold. Title Number TY87403.

Additional Information

For further information please contact our office direct on 0191-425-1507, or alternatively via email on: .

With regards to viewing the subject property / site / business, this is to be done strictly by appointment through Keith Pattinson Commercial Department, please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.