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Property for sale

Saville Place, Sunderland, Tyne and Wear, SR1 1PA
Property
527 sq ft / 49 sq m
EPC rating: C
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent
BroadbandBasic 17Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Ground Floor Office Space
  • City Centre Location
  • Annual Rental Income of £24,200
  • NIA 90.8 m2 (978 sq ft)
  • NIY 9.43% based on asking price
The subject premises is a three floor, mid terrace, comprising an office and flat to the ground floor, a flat to the first floor and a flat to the second floor. The whole property is currently let with an annual rent of £24,200 this reflects a NIY of 9.43% based on asking price.

Rooms

Location
The subject premises is located on Saville Place, Sunderland city centre. The area benefits from a good level of services and facilities together with high levels of footfall and passing trade.

Accommodation
The subject premises is a ground floor office with access via street level an WC facilities. NIA 7.7m2 (82.8 sq ft).

Tenure
Freehold. Title number: TY439031

Lease Details
Ground Floor: Term: 3 years Date: tenancy started: 1st April 2022 Rent: £3,500 per annum Flat 1, 3 Saville Place Date tenancy started: 24th May 2022 Rent: £450 per month (£5,400 PA). Flat 2, 3 Savile Place: Date tenancy started: 15th October 2021 Rent: £625 per month (£7,500 PA). Flat 3, 3 Saville Place: Date tenancy started: 15th June 2022 Rent: £650 per month (£7,800 PA).

Rateable Value
The adopted rateable value is £4,300 as of 1st April 2017. Sourced from VOA.

EPC
Available upon request (rating C).

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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