Summary - 8, PICKERSGILL COURT SR5 2AQ
1 bed 1 bath Not Specified
Large freehold office with river views, parking and redevelopment potential for investors..
Freehold commercial office building, 10,516 sq ft
River Wear frontage with attractive external views
24 dedicated on-site parking spaces included
EPC rating Band C — energy performance acceptable
Rateable value £84,500; estimated rates payable £42,165
Located in a very deprived area; impacts tenant demand
Requires refurbishment to reach Grade A occupier standard
Asking price recorded as £800,000 (marketing previously showed £1.8m)
A substantial two-storey office building occupying 10,516 sq ft on Quay West Business Park with river-facing aspects and 24 on-site parking spaces. The freehold title and EPC rating of C make this a straightforward long-term commercial acquisition for a purchaser targeting Sunderland’s evolving riverside market. The property is directly accessible from the B1539 with quick links to the A19 and is a short drive from Sunderland city centre, Hylton Retail Park and the Nissan plant.
Internally the premises provide ground- and first-floor office accommodation with WC facilities throughout, delivered in a modern industrial brick-built style and flat roof profile. The building’s scale and configuration suit an owner-occupier or investor seeking to refurbish and re-let Grade B office floors; the 10,516 sq ft footprint gives flexibility for open-plan workspaces or sub-division.
Buyers should note material considerations honestly: the surrounding locality is classified as very deprived with challenged local demographics, and the rateable value (7–8 Pickersgill Court) is shown at £84,500 with estimated rates payable of £42,165 for the year indicated. Crime is described as average for the area. These factors affect rental prospects and will influence yield expectations and tenant mix.
Practical positives include freehold ownership, 24 dedicated car parking spaces within the demised area, fast broadband and excellent mobile signal — useful for modern occupiers. Interested purchasers should confirm current business rates and VAT position, and allow for typical refurbishment to align the space with Grade A tenant expectations.
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