48 Frederick Street, Sunderland, Tyne & Wear SR1 1NF T: 0191 514 5777 E:
[email protected] W: www.paulairey.co.uk
By Auction £275,000 Grange Crescent, City Centre, SR2 7BN ***INVESTMENT OPPORTUNITY***FOR SALE BY MODERN METHOD OF AUCTION*** An imposing landmark building occupying a prime location suitable for a variety of uses subject to obtaining necessary planning consent. Built over 4 floors and extending to circa 485m2 GIA. We believe this property could be converted into either separate residential dwellings, a property for multiple occupation, large Bed & Breakfast, or indeed in its existing use as offices.
Grange Crescent, Sunderland, SR2 7BN AUCTION TERMS BASEMENT This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The ROOM 4 27'3" x 15'5" (8.30 x 4.70) Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. GROUND FLOOR ROOM 1 19'8" x 18'1" (6.00 x 5.50)
ROOM 5 27'3" x 15'5" (8.30 x 4.70)
ROOM 2 19'8" x 19'8" (6.00 x 6.00)
FIRST FLOOR ROOM 6 22'0" x 19'8" (6.70 x 6.00)
ROOM 3 27'3" x 16'5" (8.30 x 5.00)
TOILET
ROOM 7 23'0" x 16'5" (7.00 x 5.00)
Grange Crescent, Sunderland, SR2 7BN ROOM 8 27'7" x 18'1" (8.40 x 5.50)
TOILET SECOND FLOOR TOILET ROOM 9 22'0" x 20'0" (6.70 x 6.10)
ROOM 10 22'0" x 14'9" (6.70 x 4.50)
FLOOR PLAN - GROUND FLOOR This plan is included as a service to our customers and is intended as a GUIDE TO LAYOUT only. Dimensions are approximate. DO NOT SCALE. FLOOR PLAN - FIRST FLOOR This plan is included as a service to our customers and is intended as a GUIDE TO LAYOUT only. Dimensions are approximate. DO NOT SCALE. FLOOR PLAN - BASEMENT This plan is included as a service to our customers and is intended as a GUIDE TO LAYOUT only. Dimensions are approximate. DO NOT SCALE.
FLOOR PLAN - SECOND FLOOR This plan is included as a service to our customers and is intended as a GUIDE TO LAYOUT only. Dimensions are approximate. DO NOT SCALE.
Grange Crescent, Sunderland, SR2 7BN
Purchasing Procedure ‐ To make an offer once you are interested in buying this property please contact our sales office as soon as possible. Any delay may result in the property being sold to someone else. Very Important Notice: In accordance with the Property Misdescriptions Act ﴾1991﴿ we have prepared the sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements and distances referred to are given as a guide only and should not be relied upon for the purchase of any other fixtures or fittings. Lease details, service charges and ground rent ﴾where applicable﴿ are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. The copyright of all details and photographs remain exclusive to Paul Airey Chartered Surveyors.