18 Oct 2011

Sunderland Pub For Sale, Sunderland Property Investments For Sale

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Freehold Pub For Sale In Sunderland, Tyne and Wear Wear Tavern ( Formerly Pallion ) St. Lukes Terrace Sunderland Tyne and Wear SR4 Gross Site Area: 4479 sq/ft* £ 300,000 + VAT Freehold LOCATION The Pallion (Wear Tavern) is located on a large corner plot on the busy junction of St. Lukes Terrace and Mid Moor Road. The property fronts a busy commercial road but the area is mixed commercial and residential. Both the Royal Hospital and Universtiy are close by. Pallion Rail station is approximately 0.38miles from the site and Sunderland Rail 1.3miles away. PROPERTY Large brick building. Ground floor comprises a two bar operation. There is a small kitchen facility. We are advised that the private owners accommodation to the upper parts is of a large size. Please contact Paramount to arrange a viewing. FURTHER INFORMATION Vacant possession Development potential (STPP) Approx gross site area: 4,479 sq ft* Approx ground floor foot plate:.4,280 sq ft* Rateable Value: £9,100 Unconditional offers are invited for our clients unencumbered interest. The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. Pub for Sale Sunderland

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