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36 Hylton Rd 890 sq ft Retail Property Sunderland SR4 7AA £144,000 (£161.80/sq ft)
Investment Highlights
- Leasehold
- Strong rental income
- Excellent Investment Opportunity
- Attractive situation
Executive Summary
For sale via secure sale online bidding - terms and conditions apply.
We are delighted to present this versatile property located at 36 Hylton Road, SR4 7AA, offering an excellent investment opportunity with strong rental income and potential for increased yields.
Ground Floor.
Retail Unit: Currently let as a cake shop at £550 per calendar month (pcm). The tenancy commenced on 1st May 2024, providing a reliable income stream.
Separate Entrance: To upper level.
Upper Floors:
-Maisonette:
-First Floor: This level includes a fully-equipped kitchen, a boiler cupboard, and two en-suite bedrooms. These bedrooms are currently rented out at £460 pcm each, with the potential to increase the rent to £500 pcm each.
-Second Floor: The uppermost level houses a spacious en-suite bedroom, presently let at £495 pcm with the opportunity to raise the rent to £525 pcm.
Please note we have not inspected this property.
We are delighted to present this versatile property located at 36 Hylton Road, SR4 7AA, offering an excellent investment opportunity with strong rental income and potential for increased yields.
Ground Floor.
Retail Unit: Currently let as a cake shop at £550 per calendar month (pcm). The tenancy commenced on 1st May 2024, providing a reliable income stream.
Separate Entrance: To upper level.
Upper Floors:
-Maisonette:
-First Floor: This level includes a fully-equipped kitchen, a boiler cupboard, and two en-suite bedrooms. These bedrooms are currently rented out at £460 pcm each, with the potential to increase the rent to £500 pcm each.
-Second Floor: The uppermost level houses a spacious en-suite bedroom, presently let at £495 pcm with the opportunity to raise the rent to £525 pcm.
Please note we have not inspected this property.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
890 sq ft
Year Built
1902
Price
£144,000
Price per sq ft
£161.80
Tenancy
Single
Number of Floors
3
Frontage
19 ft on Hylton Rd
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Cake Talk
- -
- 617 sq ft
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Cake Talk | - | 617 sq ft | - | - |
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Nearby Major Retailers
-
Pattinson Commercial
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36 Hylton Rd
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