279/281 Southwick Road, Sunderland
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Mixed use investment
- Tenanted two bedroom flat & takeaway unit
- Combined rental income £16800 per annum
- 13.4 % yield on asking price
- Excellent investment opportunity
Description
Tenanted two bedroom flat & ground floor takeaway on main road position. Combined rental income of £16,800 per annum. 13.44% yield on guide price. Floor area of takeaway circa 99 sq. m. (1,065.7 sq. ft.). Flat floor area 59.9 sq. m. (645 sq. ft.). Excellent passing trade. Excellent investment opportunity. EPC: C (takeaway) E (flat)
Auction Guide Price: £125,000 +
Ref I029
For Sale by Auction. Terms and Conditions apply, see agentspropertyauction.com
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400)
Brochures
Property BrochureFull DetailsEnergy Performance Certificates
Energy Performance Certificate279/281 Southwick Road, Sunderland
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stadium of Light Metro Station0.6 miles
- St Peter's Tram Stop0.7 miles
- Pallion Metro Station0.9 miles
About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Notes
Disclaimer - Property reference 11908977. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties on 0191 625 1019.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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