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COMMERCIAL

279/281 Southwick Road, Sunderland

Guide Price
£135,000
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Mixed use investment opportunity
  • Tenanted two bedroom flat
  • Vacant former takeaway commercial unit
  • Retains most fixtures & fittings
  • Rental income from flat £7200 per annum
  • Great opportunity

Description

Property for sale. Mixed use property. Tenanted flat & vacant takeaway. Suitable for a variety of uses.
Tenanted two bedroom flat with vacant ground floor former takeaway on main road position. Rental income of £7,200 per annum (flat). Commercial unit retains most fixtures and fittings. Floor area of takeaway circa 99.01 sq. m. (1,065.7 sq. ft.). Flat floor area 59.9 sq. m. (645 sq. ft.). Excellent passing trade. Ideal investment/owner opportunity. EPC: C (takeaway) E (flat)

Auction Guide Price: £135,000 +
Ref I029

For Sale by Auction. Terms and Conditions apply, see 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)

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

279/281 Southwick Road, Sunderland

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stadium of Light Metro Station0.6 miles
  • St Peter's Tram Stop0.7 miles
  • Pallion Metro Station0.9 miles

About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 16 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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Disclaimer - Property reference 11908977. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties on 0191 625 1019.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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