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136 - 150 Allendale Road, Sunderland

Guide Price
£450,000

Business rates & charges may apply

Savills, Savills, Auctions
SIZE

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SECTOR

Commercial property for sale

Key features

  • Freehold Retail Parade
  • Comprises 8 units let to 7 tenants (one vacant shop & uppers)
  • Long WAULT of approximately 7.91 years
  • No breaks on all leases
  • Asset management potential to let the vacant shop & upper parts
  • Comprises approximately 1,020 sq m (10,983 sq ft)
  • Investment Let at £59,875 pa (13.31% on Guide Price)

Description

The property comprises a freehold retail parade of 8 units with upper parts. One shop & upper parts is vacant.

The property is situated in Farringdon, a suburb of Sunderland, Tyne and Wear. This prime location offers easy access to local amenities, shops, and schools, while also providing convenient links to Sunderland City Centre, Doxford International Business Park, and major roads such as the A19.

Transport
Road -The property is well-connected to major roads, including the A19, which is a short drive away, providing fast access to Sunderland, Newcastle, and other surrounding towns. Additionally, the A690 is easily accessible, linking the area to Durham and other key locations in the North East.



Rail - The nearest railway station is Sunderland Railway Station (3 miles) providing direct rail services to Newcastle, Durham, London

Brochures

136 - 150 Allendale Road, Sunderland

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • South Hylton Metro Station2.2 miles
  • University Metro Station2.3 miles
  • Millfield Metro Station2.4 miles

About Savills, Savills, Auctions

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 162981FD-E551-44E7-842E-5F2282F6CE73. 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 Savills, Savills, Auctions. 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.

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