279/281 Southwick Road, Sunderland

Auction Guide Price £125,000
Southwick Road 279 - 281 Sunderland SR5 2AB UK
279/281 Southwick Road, Sunderland
Southwick Road 279 - 281 Sunderland SR5 2AB UK
  • Auction Guide Price £125,000

Features

  • 13.4 % yield on asking price
  • Combined rental income £16800 per annum
  • Excellent investment opportunity
  • Mixed use investment
  • Tenanted two bedroom flat & takeaway unit

Description

Mixed use investment. Tenanted takeaway & two bedroom flat.
Tenanted two bedroom flat & ground floor takeaway on main road position. Combined rental income of £16,800 per annum. 13.44% yield on guide price. Floor area of takeaway circa 99 sq. m. (1,065.7 sq. ft.). Flat floor area 59.9 sq. m. (645 sq. ft.). Excellent passing trade. Excellent investment opportunity. EPC: C (takeaway) E (flat)

Auction Guide Price: £125,000 +
Ref I029


Live Auction on Thursday 27th February 2025 – Option 1

For Sale by Auction. Terms and Conditions apply, see agentspropertyauction.com

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400)

Downloads

Property Documents

Energy Performance Certificate
Brochure

Overview

  • Commercial, Sale
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom

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