North Ravensworth Street, Milfield, Sunderland, Tyne & Wear, SR4
- PROPERTY TYPE
Pub
- SIZE
Ask agent
Description
We are pleased to offer for sale by auction this ground floor pub with a 4 bed maisonette above. The subject property is located along North Ravensworth Street, Sunderland. The property is well located within an established residential area with easy access to local amenities and transport links. We are advised the property is a fully tenanted investment. The property is fully tenanted and achieving an annual income of approx. £24,440.
LOCATION
The subject property is located along North Ravensworth Street, Sunderland. The property is well located within an established residential area with easy access to local amenities and transport links. The closest bus stop is a short walk away as well as Millfield Metro Station being a 10 minutes walk. The subject property is 14 miles south east of Newcastle upon Tyne and 30 miles north of Middlesbrough.
LEASE DETAILS
The ground floor is currently let on a 5 year lease commencing August 2020 at £200 per week. The maisonette is currently tenanted on a rolling basis at £1,170 per calendar month. Achieving an annual income of approx. £24,440.
TENURE
Freehold. Title number DU26625.
ACCOMODATION
GROUND FLOOR:
129sqm (1388.54sqft)
MAISONETTE:
Lounge
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bathroom
RATEABLE VALUE
The adopted rateable value is £3,000 as of 1st April 2017.
Sourced from VOA.
EPC
Available upon request (rating C and E).
North Ravensworth Street, Milfield, Sunderland, Tyne & Wear, SR4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Millfield Metro Station0.4 miles
- University Metro Station0.5 miles
- St Peter's Tram Stop0.5 miles
About the agent
Bradley Hall Chartered Surveyors & Estate Agents, Durham
26-27 New Elvet, Durham, DH1 3AL
BH Group - Residential - Mortgages - Commercial - Planning & Design - Finance
We are a multi-disciplinary Chartered Surveying, property consultancy and Estate Agency with 30 years' experience of the local housing market. We present all properties large & small with professional photos & high quality lifestyle brochures as standard - you don't get a second chance at a first impression. We cover all of the costs of your property coming to the market and only bill our fee on the sal
Industry affiliations
Notes
Disclaimer - Property reference SND240084. 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 Bradley Hall Chartered Surveyors & Estate Agents, Durham. 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 Bradley Hall Chartered Surveyors & Estate Agents, Durham on 0191 625 0756.
*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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