Unit F, Colima Avenue, Sunderland Enterprise Park, Sunderland
Guide Price
£1,695,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Substantial Freehold Industrial Investment
- Let to Secon Solar Ltd on a 10 year lease expiring July 2032
- Comprises approximately 2,630.92 sq m (28,308 sq ft) on a site of c. 1.5 acres
- 5.80m haunch and 9.60m apex heights
- Let at a low rent reflecting £4.77 psf
- Rent review in July 2027 (where the ERV is believed to be £6 psf (£170,000 pa))
- Guide price reflects £59.88 psf capital value
- Investment let at £135,000 pa (7.96% on Guide Price)
Description
The property comprises a substantial industrial building arranged with office accommodation at the front of the building. The property benefits from a car park at the front for approximately 29 cars. The site area is approximately 1.5 acres.
The property is located in an established and predominantly industrial/office location on the north side of Colima Avenue, near to Hylton Retail Park. Nearby occupiers include Safestore, Northern Powergrid, Berghaus, Pets at Home, Dunelm, amongst others.
The property is located in an established and predominantly industrial/office location on the north side of Colima Avenue, near to Hylton Retail Park. Nearby occupiers include Safestore, Northern Powergrid, Berghaus, Pets at Home, Dunelm, amongst others.
Unit F, Colima Avenue, Sunderland Enterprise Park, Sunderland
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Hylton Metro Station0.8 miles
- Pallion Metro Station1.0 miles
- Millfield Metro Station1.4 miles
Notes
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