£400,000
LOCATION
The subject property is situated in Fulwell, Sunderland on the ever-popular Sea Road. The property benefits from good passing trade, due to the direct bus routes and Seaburn Metro Station being moments away. The premises occupies a prominent location, with various retailers located nearby serving the local neighbourhood catchment area.
DESCRIPTION
The investment is situated on an end terrace parade of shops with local covenants, on Sea Road, Sunderland. Arranged as three ground floor retail units with two three-bedroom and one two-bedroom flats above. All retail units and flats are fully let generating an income of £37,500 PA.
TENANT INFORMATION
The property is multi let as follows;
Residential |
81 Sea Road, Sunderland, SR6 9BW Three Bedroom Flat |
£5400 |
Tradelink |
83 Sea Road, Sunderland, SR6 9BW Retail Unit |
£6800 |
Residential |
85 Sea Road, Sunderland, SR6 9BW Three Bedroom Flat |
£5100 |
Flower Angels |
87 Sea Road, Sunderland, SR6 9BW Retail Unit |
£8000 |
Rosemary’s Café |
89 Sea Road, Sunderland, SR6 9BW Retail Unit |
£6500 |
Residential |
91 Sea Road, Sunderland, SR6 9BW Two Bedroom Flat |
£5700 |
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VIEWING
For general enquiries and viewing arrangements please contact Helen Wall or Emma Owens.
Tel: 0191 536 4242
Email: helen.wall@bradleyhall.co.uk
richard.johnson@bradleyhall.co.uk