0 Bed Retail Property (high Street) For Sale

Mixed-Use Commercial and Residential Property for Auction – Millfield, Sunderland

Unique Opportunity: Shop, Workshop/Garage & Two-Bedroom Flat in a Prime Location

Introduction

Pattinson Estate Agents are delighted to present to auction this outstanding mixed-use property, combining both commercial and residential accommodation, situated in the highly sought-after Millfield area of Sunderland. This versatile premises offers an excellent opportunity for investors, business owners, or those seeking a live-work arrangement in a vibrant part of the city.

Prime Location

Ideally positioned for convenient access to a wealth of local amenities, shopping centres, and well-respected educational facilities, this property is perfectly placed for modern living and business needs. The area provides excellent connectivity to Sunderland City Centre and the wider North East region, thanks to comprehensive local transport links.

Millfield is situated on a very busy road within Sunderland, ensuring a high volume of passing traffic and substantial local footfall. The area has a strong reputation as a thriving hub for local businesses, making it a consistently popular location for both commercial and residential interests.

Property Overview

This property comprises a spacious ground floor shop, a rear kitchen area, and an extensive workshop/garage to the rear, providing exceptional flexibility for a range of business uses. The commercial space is offered with vacant possession, allowing the new owner to occupy or let as desired.

In addition to the commercial premises, the property also features an upper floor two-bedroom flat. This residential unit can be accessed either via the commercial premises or through its own private front door, ensuring privacy and independence for occupants.

Residential Flat Details

• Entrance hallway leading to the main staircase

• Kitchen, bathroom, and separate W/C accessible from the hallway

• Large landing on the upper level, providing access to the living room and two generously sized bedrooms

A notable highlight is the tenant in situ, who has been resident for over 19 years. The flat currently generates a rental income of £4,560 per annum, offering immediate income from day one of ownership.

Business Potential

The ground floor shop, complete with a rear kitchen and substantial workshop/garage, is available with vacant possession. This blank canvas offers fantastic potential for a wide range of business ventures, whether retail, service, or other commercial uses. The prominence of the location, combined with high traffic and footfall, ensures excellent visibility and strong prospects for business growth.

Summary

This mixed-use property in the heart of Millfield, Sunderland, represents a rare opportunity to acquire a substantial and flexible investment. With a reliable residential tenant already in place and vacant commercial premises ready for occupation or letting, this property is ideally suited to investors and owner-occupiers alike.

• Highly visible and accessible location in a popular business district

• Ground floor shop, kitchen, and large workshop/garage

• Self-contained two-bedroom flat with long-term tenant

• Immediate rental income and vacant commercial space

• Excellent transport links and proximity to city centre amenities

For further information or to arrange a viewing, please contact Pattinson Estate Agents today. Don’t miss out on this exceptional opportunity in one of Sunderland’s most vibrant areas.