Property for sale
Key information
Property description & features
- 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
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).
Places of interest
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OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 15, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 12, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 15, 2023 from 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.
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