Property for sale
Key information
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
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).