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5 bedroom commercial property for sale

Worcester Terrace, Sunderland

Sold STC £210,000

Property Description

Key features

  • Investment Sale
  • Excellent Opportunity
  • Let For 5 Year Term
  • 4no Flats
  • Viewing Advised
  • Excellent Potential
  • Lease Upon Request
  • Epc Graph Rating: F

Full description

INVESTMENT SALE - LONG TERM LEASE - An exciting opportunity to acquire a fully let investment comprising of 4no self contained flats that are current let on 1 lease for a term of 5 years. The property has recently been converted to a high standard throughout and offers a discerning purchaser a super return on investment. The subject property is situated on Worcester Terrace which is located within walking distance of Sunderland City Centre, Park Lane Bus and Metro Interchange, local shops and amenities and is a sought after residential location within the City. The property comprises of 4no self contained flats that are all individually tenanted but held under 1 formal lease at a passing rental, it has been advised, of £17,820 for a term of 5 years from 1st April 2013. A copy of the lease is available upon request and any purchasers should make their own enquiries to verify the terms of the lease.

Lease - The property comprises of 4no self contained flats that are all individually tenanted but held under 1 formal lease at a passing rental, it has been advised, of £17,820 for a term of 5 years from 1st April 2013. A copy of the lease is available upon request and any purchasers should make their own enquiries to verify the terms of the lease.

Accomodation - The subject comprises of a mid terraced property that has been meticulously converted to provide the following accomodation:

Flat 1 - Entrance, Living Room / Kitchen, Bedroom, Shower Room

Flat 2 - Entrance, Living Room / Kitchen, Bedroom, Shower Room

Flat 3 - Entrance, Living Room / Kitchen, 2 Bedrooms, Shower Room

Flat 4 - Entrance, Living Room / Kitchen / Bedroom, Shower Room

Estate Agent Of The Year - NORTH EAST ESTATE AND LETTING AGENT OF THE YEAR 2012 & 2013
MICHAEL HODGSON have AGAIN scooped the top awards at The Estate Agent Of The Year Awards in London hosted by TV presenter Phil Spencer in both SALES AND LETTING'S.
The awards are based on votes received by sellers and buyers for the service they received. 2012 & 2013 affirms they really are the top of their field having won Best Estate Agent in the NORTH EAST for 2012 & 2013.
The ESTAS are the only awards in the industry that are voted for by customers. These awards recognise the highest standards of customer service in the estate agent industry based on research conducted amongst sellers, buyers and landlords throughout the UK.


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