SOLD 8

Location

Sunderland is a major City within the North East of England and is located approximately 12 miles south East of Newcastle upon Tyne. The City has a population of approximately 275,506 (2011 Census) and a catchment population of 420,268 (2011 Census). Loftus House lies close to the A19 trunk road that links Teesside and Yorkshire to the A1 north of Newcastle via the Tyne Tunnel. There are direct trains from Sunderland to Newcastle with a fastest journey time of 19 minutes. There are also direct train services to London King’s Cross from Sunderland with a journey time of approximately 3 hours and 20 minutes. Major employers within the Sunderland area include Nissan, Sunderland University, TSB, Sunderland City Council and Asda Group plc. Sunderland is currently benefitting from an extensive regeneration programme, with over £1bn of investment scheduled by 2024.

Description

Loftus House comprises a modern two storey building of steel frame construction with external brick faced cavity walling. To the main entrance on the southern elevation, this is supplemented with glass curtain walling which creates a two storey atrium reception/entrance area.The building provides open plan offices with perimeter trunking, suspended mineral fibre ceilings, recessed lighting,comfort cooling and central heating throughout. There are male and female toilets on each floor with ground floor disabled facilities and a small shower room. There is an 8 person lift and on site parking for 80 cars (1:247 sq ft).

Size

19,757 - 19,757 sq ft (1,835 - 1,835 sq m) approx

Amenities

  • Modern detached office building
  • Freehold
  • Established business location
  • Entirely let to RTC North Ltd for 10 years, commencing 29th March 2016

Price

Seeking offers of £1,500,000, subject to contract.

Rates

n/a

Service Charge

n/a

D2 Interactive