Lot 3 - 7 Norfolk Street, Sunderland, Tyne and Wear, SR1 1EA
- Unconditional Online Auction Sale
- Guide Price* : £199,000
- Bedrooms: 2
- Bathrooms: 3
- Reception Rooms: 2
Mixed Use Investment Opportunity
Description
- Attractive period mixed-use commercial property
- Prime location in Sunderland city centre
- Previously operated as a wellness centre with boutique gym
- Flexible accommodation across multiple floors
- Period features combined with modern interiors
- Includes ancillary/living accommodation
- Suitable for a wide range of commercial or mixed-use uses
Located in the heart of Sunderland, we are offering a rare opportunity to acquire a striking Georgian property built in 1803, with mixed-use potential in a prime city centre setting.
Previously utilised as a wellness therapy centre with a boutique gym on the lower ground floor, the property is arranged over several levels and provides highly flexible accommodation. Each floor benefits from spacious, light-filled rooms, complemented by high ceilings and attractive period features, all presented to a modern and well-maintained standard.
The versatile layout lends itself to a wide range of potential uses, including health and wellbeing services, office space, creative studios, retail, consultancy, or leisure-based businesses. The lower ground floor in particular offers excellent scope for fitness or treatment-related operations. To the upper floors is a self-contained two bedroom maisonette.
Positioned close to key transport links, city centre amenities, and public parking, the property is easily accessible for both clients and staff.
Overall, this is an exceptional opportunity to secure a characterful and adaptable property in a highly sought-after central location.
Services: Mains gas, electric and water.
Freehold | EPC C & D | Council Tax A | Business Rates £5,600
ADDITIONAL TERMS
1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.
Council Tax Band
A
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Loading the bidding panel...
Office Contact
Agreement Documents
Legal Documents
Log in to view legal documentsRelated Documents
Make an Enquiry
Submit an enquiry and someone will be in contact shortly.
Share
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.