41 General Graham Street, Millfield, Sunderland, Tyne and Wear, SR4 7JS
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key features
- Ground floor retail
- Vacant Upstairs 2 bedroom flat
- Retail income £5088 per annum
- Freehold title
- Upstairs flat water meter
Description
Secure Online Bidding: Terms and Conditions Apply
Pattinson estate agents are delighted to offer to market this mixed-use property, which consists of a vacant two-bedroom upstairs flat and a retail unit currently occupied and in use as a hairdressing salon.
Location
The property is situated in a highly desirable part of Sunderland, with close proximity to Sunderland city centre, providing access to amenities, shopping, and education facilities.
Property Details
• Hairdressing Salon: The salon is currently generating an annual rental income of £5088. The current occupants are very well regarded by the owner, ensuring a stable tenant.
• Upstairs Flat: The flat, which is now vacant, was recently generating an annual rental income of £6600.
Investment Opportunity
This property presents an excellent opportunity to acquire both a desirable residential property and a long-term business tenant, providing immediate revenue return.
Contact Information
For further details, please contact our Sunderland team.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Brochures
BrochureEnergy Performance Certificates
EPC41 General Graham Street, Millfield, Sunderland, Tyne and Wear, SR4 7JS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- University Metro Station0.3 miles
- Millfield Metro Station0.4 miles
- Park Lane Metro Station0.7 miles
About Pattinson Estate Agents, Sunderland
51 Fawcett Street, Sunderland, SR1 1RS
Notes
Disclaimer - Property reference 476376. 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 Pattinson Estate Agents, Sunderland. 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 Pattinson Estate Agents, Sunderland on 0191 625 0848.
*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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