Development Opportunity, Sunderland
St. Benet's Monastery, The Causeway, Monkwearmouth, Sunderland, Tyne and Wear, SR6 0BH
Development
0.75 Acres
£300,000 for the Freehold
For Sale
Under Offer
Find out more
About the property
The site comprises a substantial three-storey former monastery of traditional brick construction, understood to have been built circa 1900. The building enjoys a prominent south-facing, elevated position. To the rear, the property has a formal garden area with views of the adjoining church and parish centre.
Originally constructed to provide accommodation for the monks of St Benet's Church, the monastery more recently served as both living quarters and office space for the parish priests.
The external areas and grounds present a potential opportunity for development, subject to the necessary planning consents.
Key features
Three storey Former Monastery
Located close to Sunderland city centre
Potential for refurbishment, conversion or full scale redevelopment (subject to planning)
Seeking offers over £300,000 for freehold interest
No VAT
Location
St Benet's Monastery is situated just north of the River Wear in a diverse, mixed-use area within easy walking distance of Sunderland city centre, the Stadium of Light, and the University of Sunderland campus.
The surrounding area features a blend of commercial and residential developments, with Sunderland Retail Park - home to a variety of national retail occupiers - located nearby. Notable neighbouring occupiers include Frank's Flooring Store to the north, a Stagecoach bus depot to the west, and a mix of social and sheltered housing to the south.
Terms
Seeking offers over £300,000 for the Freehold interest.