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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.
The subject property is located on John Street in the heart of Sunderland City Centre. John Street is a popular road and benefits from good passing trade, due to the direct bus routes and Sunderland Train Station being only 0.2 miles away.
Waterside House comprises a modern office building arranged over Ground and two upper floors. The specification includes suspended ceilings, raised floors, air conditioning and WC’s on each floor. The property has the benefit of a good floor to ceiling height of 2.98m, and offers commanding riverside views.
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