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29A Crowtree Rd 1,835 sq ft Retail Property Sunderland SR1 3JU £120,000 (£65.40/sq ft)
INVESTMENT HIGHLIGHTS
- Freehold High Yielding Retail Investment in Prime Pitch
- 2025 break option not exercised
- Prime retailing pitch next to the main entrance of The Bridges Shopping Centre
- Investment let at £18,904.16 pa (15.75% on Guide Price)
- Let to Fone Xperts Sunderland Ltd for 10 years from 2022, expiring February 2032
- Comprises approximately 170.50 sq m (1,835 sq ft)
- 200 metres from Sunderland Train Station
EXECUTIVE SUMMARY
The property comprises a freehold two storey building arranged as a ground floor shop with ancillary upper parts.
PROPERTY FACTS Under Offer
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,835 sq ft
Costar Property Class
B
Year Built
1965
Price
£120,000
Price per sq ft
£65.40
Tenancy
Single
Number of Floors
2
Frontage
19 ft on Crowtree Road
AMENITIES
- Security System
- Roller Shutters
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
-
- -
- 1,835 sq ft
- -
- Feb 2032
Mobile phone repair shop in Sunderland, England
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
|
- | 1,835 sq ft | - | Feb 2032 |
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29A Crowtree Rd
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