Shop Let on full AST
Providing an excellent opportunity for a solid commercial investment, this retail unit currently tenanted on a 12 month AST at £195 PCM which offers a yield return (on guide) of 12.5%. The freehold property is in an excellent location and provides a fantastic, no risk opportunity for both a first time and portfolio investor looking to expand their listings.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Sunderland City Council
Solicitors
Mark Cook Solicitors, 58 Frederick Street, Sunderland, SR1 1NF, Ref: Mark Cook, Tel: 0191 567 7244
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1000 inc VAT payable on exchange of contracts.
Administration Charge - £900 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.