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Freehold Takeaway Restaurant and Residential Investment, Sunderland, SR4

58-60 St. Lukes Terrace, Sunderland, Tyne & Wear, SR4 6NF

A commercial property in Sunderland, Tyne & Wear (SR4), freehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £410,000 - £430,000. The auctioneer's listing says it comes with a tenant in place. The stated rent is £31,500 a year, about 7.7% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:tenantedStated rent £31,500 a year · 7.7% gross on the guide
Guide price
£410,000 - £430,000
18days
13hrs
10mins
18secs
Wed 11 NovAdd to calendar

Status verified with Allsop 1 hour ago

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Location

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Sunderland, SR4. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£422,000See breakdown
  • Price£410,000
  • Buyer's / admin fee£2,000
  • Stamp duty (non-residential) estimate£10,000
  • Legal pack and searches£0
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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work

Key facts

Type
Freehold Takeaway Restaurant and Residential Investment
Bedrooms
Not published
Tenure
Freehold
Council tax band
See legal pack
Auction
Wednesday, 11 November 2026
Lot number
49
Auctioneer
Allsop
Postcode
SR4 6NF

Listed by Allsop · Lot 49 · Checked 23 Oct, 20:23

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Guide + works£410,000
Guide £410,000Works £0VAT & buffer
Extend: 0 m²Single-storey, £2,200–£3,300 per m²
Loft

Rough 2026 ranges excluding VAT from Checkatrade, Homebuilding & Renovating and Self Build. Value estimates use Nationwide research (10% more space ≈ 5% more value; a loft or extension with a double bedroom and bathroom up to 24%). Not a valuation or a quote: view the property and get builders' quotes before you bid. Extensions and lofts may need planning permission.

Sale history

Year soldSold priceChange
2019£280,000+12%
2014£250,000+100%
2005£125,000+0%
2005£125,000+194%
2004£42,500+0%
2004£42,500+70%
2003£25,000-11%
2000£28,000

Recent sales in SR4 6NF

  • 49 St Lukes Terrace · Other · Sept 2024£8,000
  • 56 St Lukes Terrace · Semi-detached · Aug 2024£100,000
  • 54 St Lukes Terrace · Terraced · Aug 2024£100,000
  • 51 St Lukes Terrace · Terraced · Aug 2024£100,000
  • 52 St Lukes Terrace · Terraced · Aug 2024£100,000
  • 43 - 45 St Lukes Terrace · Other · Mar 2023£180,000

Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0. England and Wales only.

Around here

Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.

Fish and Chip shop
Fish and Chip shop · about 50 m away
© Robert Graham, CC BY-SA 2.0
The Wear Tavern, Sunderland
The Wear Tavern, Sunderland · about 60 m away
© Robert Graham, CC BY-SA 2.0
The Wear Tavern, Sunderland
The Wear Tavern, Sunderland · about 80 m away
© JThomas, CC BY-SA 2.0
Mafeking Street, Sunderland
Mafeking Street, Sunderland · about 80 m away
© Robert Graham, CC BY-SA 2.0

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2-minute explainer: Guide price vs reserve priceRead before you bid