Summary - FIRST FLOOR, 3, PICKERSGILL COURT SR5 2AQ
1 bed 1 bath Office
Modern riverside unit with parking and strong transport links for investors or occupiers.
Self-contained two-storey mid-terrace office building
A self-contained two-storey mid-terrace office on Pickersgill Court, within Quay West Riverside Business Village. The modern steel-framed unit offers open-plan workspace across two floors, central heating, WC facilities, security and fire alarm systems, plus dedicated off-street parking. The property’s EPC C (55) and excellent transport links via Wessington Way to the A19 support practical business use and tenant appeal.
This building is presented with clear income and cost lines: an estimated business rates charge (approx. £5,023 for 2023), an annual service charge of about £2,500 (inclusive of VAT) and a ground rent of roughly £563.42 (inclusive of VAT). The property is offered as a long leasehold subject to estate and ground rent provisions; tenure specifics should be confirmed before purchase.
Set on the edge of Sunderland city centre, the location gives convenient access to local amenities and schools, while strong mobile signal and fast broadband suit modern occupiers. Note the wider area’s socioeconomic indicators (very deprived area; deprived blue-collar terraces) — a factor for some occupiers and for long-term rental values. The property is suitable for owner-occupiers or investors seeking a compact commercial asset with parking and straightforward running costs.
Buyers should be aware of VAT implications on the price and that each party is responsible for their own legal costs. The building is broadly ready for immediate use but could benefit from cosmetic updating to maximise rental income or resale value.
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