Retail investment for sale in Sunderland

This property is marketed by:
Colliers

Key features

• Multi-let retail parade
• Located in the heart of Sunderland City Centre
• Secure income - let to national occupiers Nationwide, Poundland, KFC, Costa, CeX and Admiral
• Asset management opportunities
• Long Leasehold (in excess of 120 years unexpired)
• On behalf of Joint Administrators

Location

Sunderland is a port city in Tyne and Wear. The city is 10 miles (16 km) from Newcastle-upon-Tyne and is on the River Wear’s mouth to the North Sea.

Sunderland station has five direct trains to London King’s Cross on weekdays (five on Saturday / four on Sunday), taking about 3 hours 30 minutes.

Newcastle is a 30-minute Tyne & Wear Metro ride (see above) from Sunderland city centre, and has connecting services to London every half hour that take approximately 2 hours 45 minutes.

The city’s main road is the A19, which is a dual carriageway running north-to-south west of the city, crossing the River Wear at Hylton. The A1231 leaves the city and takes 20 minutes to reach the motorised A1 linking to the national motorway system.

Newcastle Airport is a 55-minute Metro ride from Sunderland city centre; there is a Metro train connecting with the airport every 12–15 minutes in both directions until 11pm. Also, Teesside International Airport can be reached in less than one hour by car.