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COMMERCIAL

Midmoor Road, Sunderland SR4 6NT

£49,950
The Good Estate Agent, National
PROPERTY TYPE

Retail Property (high street)

SIZE

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Key features

  • Great location
  • High yield
  • Freehold
  • Popular area
  • Suitable for range of uses
  • Pallion
  • SR4
  • Midmoor Road
  • EPC - B
  • Strong investment

Description

An opportunity to purchase an affordable freehold commercial premises situated on Midmoor Road in the established residential area of Pallion, Sunderland. The property was previously used as a funeral director’s office and would suit a range of alternative commercial uses, subject to any necessary permissions.

The premises may appeal to owner occupiers looking for low-cost business premises or investors seeking a strong return from a small commercial asset.

Based on the asking price of £49,950, the property is expected to achieve a rental income in the region of £100 – £125 per week (£5,200 – £6,500 per annum), representing a potential gross yield of approximately 10.4% – 13%, making it an attractive opportunity for commercial investors.

The property is located within a well-established residential neighbourhood, providing good local footfall and convenient access to nearby amenities and transport links.

Key Features

Freehold commercial premises
Asking price: £49,950
Previously used as a funeral director’s office
Suitable for a range of commercial uses (subject to consent)
Expected rent £100 – £125 per week
Potential gross yield approx. 10.4% – 13%
Located within a populated residential area
Ideal for investors or owner occupiers

Tenure: Freehold

Early viewing is recommended to appreciate the investment potential this property offers.

Brochures

Brochure 1

Midmoor Road, Sunderland SR4 6NT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pallion Metro Station0.3 miles
  • Millfield Metro Station0.5 miles
  • University Metro Station0.9 miles
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About The Good Estate Agent, National

Lemanis House, Stone Street, Lympne, Hythe, CT21 4JN

The Good Estate Agents are a team of qualified professionals, with a decade of experience in the property and finance industry. Using our extensive network and innovative marketing technologies, we are able to bring sellers and landlords together with buyers and tenants respectively.

We recognise that Estate Agency has become woefully outdated; inefficient use of the internet and other marketing technologies, coupled with poor levels of service has left the Industry unable to provide the high standards that people expect and demand today.

Our name and reputation is only as good as our people - and we never forget this. It is our ability to listen to people's needs that enables us to provide the right answers. By building a relationship with each and every customer, we develop a clear understanding of their requirements and maintain a position of trust, essential when entering into a sale.

Our mission statement:

The Good aim to be just what the name implies ‘Good'

Good for our customer's - We aim to do the best job we can for our customer, If we can improve our customers experience we will, If we can save them money we will.

Good for our staff - If we can give our staff better lives we will, If we can be more flexible we will, If we can improve life/work balance we will. We can have fun and we will.

Good for the community - If we can help local charities and causes we will, If we can give our time to help others we will.

Good for the planet - If we don't have to print it we won't, If we can walk we will, If we can use renewable sources we will.

That's what makes us The Good

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Disclaimer - Property reference 25382. 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 The Good Estate Agent, National. 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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