Mixed use property for sale
Lynas House, 12, Frederick Street, Sunderland, SR1 1NA
£54.47 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
10,556 sq ft
981 sq m
- SECTOR
Mixed use property for sale
Key features
- Modern city centre offices in main professional area
- With development potential STP*
- Totalling 10,551 ft2 (980 m2)
- Current secure total income £67,973
- Attractive Net Initial Yield 10% overall
- Low Capital Value £64 ft2
- Opportunity for staged Vacant Possession of FF and SF
Description
refurbished in 2009 including replacement of all
external windows and the installation of passenger
lift serving the first and second floors from a selfcontained
access lobby.
Lynas House is a modern 3 storey office building
located at the junction of Frederick Street and
Athenaeum Street within the main professional area.
Occupiers within close proximity include TSB
Bank and Grand Central and the property is within
walking distance of Sunderland Station which has
recently been the subject of a multimillion-pound redevelopment
programme.
Modern city centre offices in main professional area
With development potential STP*
Totalling 10,551 ft2 (980 m2)
Current secure total income £67,973
Attractive Net Initial Yield 10% overall
Low Capital Value £64 ft2
Opportunity for staged Vacant Possession of FF and SF
Brochures
Lynas House, 12, Frederick Street, Sunderland, SR1 1NA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sunderland Station0.1 miles
- Park Lane Metro Station0.4 miles
- St Peter's Tram Stop0.5 miles
Notes
Disclaimer - Property reference 53773FH. 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 Graham & Sibbald, London. 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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