Stockton Road, Sunderland, Tyne & Wear, SR1

LOCATION
The subject property is situated in Sunderland City Centre, in the ever-popular Park Lane area. The property benefits from good passing trade, due to the close proximity to Sunderland Interchange and Park Lane Metro Station being moments away. The premises occupies a prominent corner location, with various retailers located nearby serving the local neighbourhood catchment area.

DESCRIPTION
The investment is situated on a corner terrace parade between Olive Street and Stockton Road. Arranged as three ground floor retail units with a 6-bedroom HMO above. All retail units and flats are fully let generating an income of £45,000 with the potential to increase this further.

TENANT INFORMATION
The property is multi let as follows;
29 Olive Street, Sunderland, Tyne & Wear, SR1 3PE Commercial Ground Floor Retail Unit (55.4 Sq.m), currently tenanted

£14,000 Per Annum
14 Stockton Road, Sunderland, Tyne & Wear, Commercial Ground Floor Retail Unit (26.6 Sq.m)
15 Stockton Road, Sunderland, Tyne & Wear, SR1 3NW 6-bedroom HMO, x2 reception rooms, x3 Shower Rooms (198 Sq.m) £28800 Per Annum
16 Stockton Road, Sunderland,
Tyne & Wear, SR1 3NW Commercial Ground Floor Retail Unit (28.6 sq.m) Part of 29 Olive Street
17/18 Stockton Road, Sunderland, Tyne & Wear, SR1 3NW Commercial Ground floor retail unit, kitchen and staff toilets (38.44 sq.m) £6000 per annum

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VIEWING
For general enquiries and viewing arrangements please contact Helen Wall or Emma Owens.
Tel:
Email: richard.