Property photos
Auction
Freehold
Guide price
£125,000
Property for sale
Southwick Road, Southwick, Sunderland SR5Local area information
Property location
Nearby amenities
- Southwick Community Primary School 0.2 miles
- Grange Park Primary School 0.4 miles
- Sunderland 1.2 miles
- Newcastle International Ferry Terminal 5.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sunderland to find out more about the local area.
Features and description
-
Mixed Use
- Freehold
- Mixed use investment
- Tenanted two bedroom flat & takeaway unit
- Combined rental income £16800 per annum
- 13.4 % yield on asking price
- Excellent investment opportunity
Mixed use investment. Tenanted takeaway & two bedroom flat.
Tenanted two bedroom flat & ground floor takeaway on main road position. Combined rental income of £16,800 per annum. 13.44% yield on guide price. Floor area of takeaway circa 99 sq. M. (1,065.7 sq. Ft.). Flat floor area 59.9 sq. M. (645 sq. Ft.). Excellent passing trade. Excellent investment opportunity. EPC: C (takeaway) E (flat)
Auction Guide Price: £125,000 +
Ref I029
For Sale by Auction. Terms and Conditions apply, see
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400)
Tenanted two bedroom flat & ground floor takeaway on main road position. Combined rental income of £16,800 per annum. 13.44% yield on guide price. Floor area of takeaway circa 99 sq. M. (1,065.7 sq. Ft.). Flat floor area 59.9 sq. M. (645 sq. Ft.). Excellent passing trade. Excellent investment opportunity. EPC: C (takeaway) E (flat)
Auction Guide Price: £125,000 +
Ref I029
For Sale by Auction. Terms and Conditions apply, see
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400)
More information
Listed by
Rook Matthews Sayer - Commercial
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