Restaurants for sale in the NE38, Washington

Restaurants for Sale Within 5 miles of the NE38, Washington

150 Gleneagles Rd

Sunderland, SR4 9QX

Retail for Sale
£625,000
2,000 sq ft

Sunderland Retail for Sale

The property is freehold and comprises of seven individual commercial units plus a three bedroom flat. Benefiting from a diverse and robust tenant mix, including a dance studio, takeaway, convenience store, Pilates studio, and carwash—each currently let on FRI leases to reputable local businesses. Above the main commercial units, a self-contained three-bedroom flat is also included, currently generating £8,400 per annum in rental income. Together, the combined annual rental income for the entire property stands at an impressive £64,200, reflecting a highly attractive yield of just over 10% at the asking price. The entire site spans approximately 2,495 sqm, providing ample scope for commercial activity and possible future redevelopment, subject to the necessary planning consents. The property is surrounded by established residential neighbourhoods and can also be, in future, redeveloped into a housing estate to capitalise on the ever growing demand for new homes.

Contact:

Spire Property Group & Consultants

Property Subtype:

Fast Food

Date on Market:

28/11/2025

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FAQs about Restaurants For Sale in NE38

See All Restaurants For Sale

How many Restaurant listings are available for sale in NE38?

There are currently 0 Restaurants available for sale near NE38. These NE38 Restaurant listings have an average size of. The largest available listing in NE38 is. The thriving commercial centre and excellent transport links in NE38 make it an ideal location for businesses to find suitable Restaurant for sale.

How much does it cost to buy a Restaurant in NE38?

The average price/SF for Restaurant for sale in NE38 is about. The cost per sq ft for Restaurant in NE38 ranges from to , depending on the location and the size of the property.

What factors could affect the prices of Restaurants in NE38?

Several factors can impact the price of Restaurants, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot.

What is the largest Restaurant available for sale in NE38?

Currently, the largest Restaurant available to buy is and the smallest is. The average size of Restaurant available for sale in NE38 is approximately.

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Restaurant for Sale near the NE38, Washington