Large department store available for sale in Sunderland

Published on: 27th July 2017

Tecaz House, a 31,800 sq ft retail department store located just three miles South of Sunderland city centre is now up for sale.

The property is located on Ryhope Street South in Ryhope, a coastal village with a population of just under 15,000. Spread across two floors the property consists of a large open plan showroom area with storage and office space on the ground floor and further storage, staff facilities and delivery space on the lower ground floor. Externally there is a large car park with spaces for approximately 110 vehicles.

Mark Convery, retail agent in our North East team, commented “Tecaz House offers a fantastic business opportunity for any potential retailers looking for a new venture. The building itself is a great size and occupies a desirable location in the centre of a residential area, whilst also being within close proximity of the centres of Sunderland and Seaham.

For further information on the property, please contact Mark Convery or Kevin McGorie, our retail specialists in the North East.

Offers are invited on the property with a guide price of £950,000 and you can click here to view the property listing.

Contact Us

Retail Agency

Our principal retail agency services include: Shopping Centre, High Street and Out of Town Retail Consultancy Disposals Acquisitions Innovative Marketing Solutions Development Appraisal Monitoring of retail requirements and trends Strategic Asset Management Strategy and Investment Funding   Our client base is spread across a wide spectrum of retailers, developers, investors and retail property owners and occupiers. With an established team of experienced focussed professionals our offices cover the whole of England and Wales and the Scottish Borders. We have an enviable reputation in the market amongst our clients and competitors alike. Each and every one of our clients is very important to us. We strive to work in partnership with our client to achieve the best possible results. To understand our client’s business and objectives is of huge significance and importance to us. Our appreciation of local market conditions and national retail trends helps us to achieve the best possible solutions to our client’s property issues. We are committed to achieving an innovative and multi faceted approach to our marketing of client’s retail property utilising both technology in all its complex forms and personal and direct communication with potential targets. We understand retailers and retail property.

Read More....

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Our principal retail agency services include:

  • Shopping Centre, High Street and Out of Town Retail Consultancy
  • Disposals
  • Acquisitions
  • Innovative Marketing Solutions
  • Development Appraisal
  • Monitoring of retail requirements and trends
  • Strategic Asset Management Strategy and Investment Funding

 

Our client base is spread across a wide spectrum of retailers, developers, investors and retail property owners and occupiers.

With an established team of experienced focussed professionals our offices cover the whole of England and Wales and the Scottish Borders.

We have an enviable reputation in the market amongst our clients and competitors alike.

Each and every one of our clients is very important to us. We strive to work in partnership with our client to achieve the best possible results. To understand our client’s business and objectives is of huge significance and importance to us.

Our appreciation of local market conditions and national retail trends helps us to achieve the best possible solutions to our client’s property issues.

We are committed to achieving an innovative and multi faceted approach to our marketing of client’s retail property utilising both technology in all its complex forms and personal and direct communication with potential targets.

We understand retailers and retail property.

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Retail investment for sale in Darlington

Our North East agency team is pleased to bring to market an income producing investment available for purchase on Clifton Road, Darlington. The property is located ½ mile south of Darlington Town Centre, just a short 5-minute walk from Darlington Train Station. Darlington is a large market town in County Durham and the properties are conveniently located within a large residential area.

Read More....

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Our North East agency team is pleased to bring to market an income producing investment available for purchase on Clifton Road, Darlington.

The property is located ½ mile south of Darlington Town Centre, just a short 5-minute walk from Darlington Train Station. Darlington is a large market town in County Durham and the properties are conveniently located within a large residential area.

[fulltext] =>

The Loko Off License property is currently held on a 15 year lease, from February 2012, expiring in 2027. Current passing rent on this property is £10,000 per annum and the lease is subject to 3 year rent reviews. Offers are invited on the property in the region of £150,000 subject to contract.

For more information please contact Kevin McGorie on 0191 269 0174 or click here to view more information on the property.

Contact Us

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July Deals Update

On the 1st April 2017 the new rating lists were published across England and Wales, from that date, businesses looking to challenge their business rates were required to do so through the HMRC’s Government Gateway. To find out more about the changes and how to register click here. Once again we were particularly active in the North East with our agency team completing a number of deals including the purchase of a 15,800 sq ft warehouse in Crowther Industrial Estate by Anderson Beverage & Co, a leading supplier of dispensed soft drinks. Acting on behalf of NHS Property Services the team also sold the former Alma Street Health Centre, a 27,300 sq ft redevelopment opportunity to Thirteen Group, one of the region’s leading social housing groups.

Read More....

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On the 1st April 2017 the new rating lists were published across England and Wales, from that date, businesses looking to challenge their business rates were required to do so through the HMRC’s Government Gateway. To find out more about the changes and how to register click here.

Once again we were particularly active in the North East with our agency team completing a number of deals including the purchase of a 15,800 sq ft warehouse in Crowther Industrial Estate by Anderson Beverage & Co, a leading supplier of dispensed soft drinks. Acting on behalf of NHS Property Services the team also sold the former Alma Street Health Centre, a 27,300 sq ft redevelopment opportunity to Thirteen Group, one of the region’s leading social housing groups.

[fulltext] =>

Acting on behalf of a private landlord, our Teesside agency team has sold a 7,800 sq ft industrial warehouse unit in Preston Farm Industrial Estate to local investor, SCS structures. Following their expansion Sadler Brown have let an office space at Newcastle Business Park, with our team acting on behalf of ACE.

In Yorkshire last month we also completed a number of deals including the letting of office space at York Place in Leeds city centre to specialist property consultancy, Grant Fieldhouse and the sale of the former Diocesan office building on St Mary’s Street to the Leeds Society for Deaf and Blind People. Acting on behalf of the Joint Administrators at BWC Business Solutions, our Asset Advisory team in Leeds sold No. 18 Appleton Court at Calder Park, Wakefield to a private investor.

The caravan park market continues to capitalise on buoyant trading conditions with our specialist caravan and holiday park teams agreeing in excess of £40M worth of sales over the past nine months. Following our instruction by independent law firm, Burges Salmon our specialist parks team also provided expert witness evidence on behalf of Great Yarmouth Port Authority for the second round of a £15 million claim by Bourne Leisure in relation to the alleged loss of value to a caravan park.

Katie Hicklin, estates surveyor at the Co-operative group recently benefited from our mentoring scheme as she successfully passed her assessment of professional competence. The mentoring scheme was launched as an initiative to help staff within our client and partner organisations in becoming full members of the Royal Institute of Chartered Surveyors (RICS) and you can find out more information about it here.

Contact Us

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Here is a summary of our recent deals and instructions from across our office network. 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