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Former Wilko - Freehold Development/Asset Management Opportunity
Address
See address
Auction date
17 Sep 2026
Guide price
£750,000
Type
Commercial
Tenure
Freehold
EPC Rating
D
Status
Upcoming
Description
This substantial freehold development/asset management opportunity comprises the former Wilko department store located in the city centre of Sunderland. The property spans six floors with a total area of approximately 10,233.60 sq m (110,154 sq ft), providing a versatile space suitable for various alternative uses including leisure, student accommodation, residential apartments, or a hotel, subject to obtaining necessary consents.
- Total floor area: 10,233.60 sq m (110,154 sq ft)
- Immediate asset management and development opportunities
- Adjacent to Sunderland Railway Station and The Bridges Shopping Centre
- Vacant possession available
- Low capital value of £6.80 per sq ft based on the guide price
- Nearby businesses include Admiral Casino, TSB Bank, and Greggs
This prominent location in Sunderland City Centre is ideal for redevelopment, with a thriving community and significant foot traffic, presenting a valuable investment opportunity.
Last update: 21 Aug 2026
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This substantial freehold development/asset management opportunity comprises the former Wilko department store located in the city centre of Sunderland. The property spans six floors with a total area of approximately 10,233.60 sq m (110,154 sq ft), providing a versatile space suitable for various alternative uses including leisure, student accommodation, residential apartments, or a hotel, subject to obtaining necessary consents.
Auction Date
17 Sep 2026
Guide Price
£750,000
This property features
Auction Date
10 Sep 2026
Guide Price
£700,000
This freehold property consists of a pizza restaurant/take-away along with two self-contained flats above. The ground floor restaurant has a separate entrance and is located in a high-traffic area close to several major retailers, making it an attractive investment opportunity.
Auction Date
10 Sep 2026
Guide Price
£750,000
A substantial and versatile former care home offering considerable development potential. Suitable for a variety of alternative uses, subject to planning consents. Could be reinstated as a care home – all core infrastructure and fixtures remain in situ.
Auction Date
01 Oct 2026
Guide Price
£725,000
This former care home offers a unique investment opportunity with 40 en-suite bedrooms, set in a substantial facility. Currently vacant, the property presents a blank canvas for various potential uses. The surrounding area is predominantly residential, providing excellent access to local amenities such as shops and schools, creating a practical context for new developments.
Auction Date
30 Sep 2026
Guide Price
£600,000
This imposing freehold building is a landmark property located close to Sheffield city centre, offering substantial accommodation over six floors. It has recently been granted planning permission for the conversion into 21 apartments, which consists of 17 one-bedroom and 4 two-bedroom units. Additionally, the ground and lower ground floor are currently utilized for commercial purposes, generating an annual income of £61,000 + VAT, with potential for further income production once fully let.
Auction Date
29 Sep 2026
Guide Price
£750,000