Pub for sale
Property description & features
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).
Places of interest
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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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
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