COVID-19 – Important Auction Information
For Sale By Auction | 18:00, 09 June 2020

171 Brandling Street, Sunderland, Tyne And Wear, SR6 0LN

*Guide | £19,000+ (plus fees)

  • Shop
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

Auction Date

Tue 09/06/2020

Auction Time

18:00

Auction Venue

ONLINE ONLINE,

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

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.