279/281 Southwick Road, SunderlandAuction Guide Price £125,000 +
On MarketRMS Commercial - 0191 2120000I029
- Mixed use investment
- Tenanted two bedroom flat & takeaway unit
- Combined rental income £16800 per annum
- 13.4 % yield on asking price
- Excellent investment opportunity
Mixed use investment. Tenanted takeaway & two bedroom flat.
Tenanted two bedroom flat & ground floor takeaway on main road position. Combined rental income of £16,800 per annum. 13.44% yield on guide price. Floor area of takeaway circa 99 sq. m. (1,065.7 sq. ft.). Flat floor area 59.9 sq. m. (645 sq. ft.). Excellent passing trade. Excellent investment opportunity. EPC: C (takeaway) E (flat)
Auction Guide Price: £125,000 +
Ref I029
For Sale by Auction. Terms and Conditions apply, see agentspropertyauction.com
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400)
Expert Agent supplies powerful web based estate agency software, estate agent web
site design and estate agent marketing systems. Our estate agent software is suitable
for both estate agents and letting agents. It is totally web based, hosted by us
and available, like all of our products, for an affordable monthly subscription.
Expert Agent is the estate agency software product of choice in nearly 1100 residential,
commercial and lettings businesses across the UK and Europe.
For more information about our
Estate Agent Software please click the link.