£230,000
Office for saleSaville Place, Sunderland SR1
About this property
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
Summary
The subject premises is a three floor, mid terrace, comrising of 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.
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).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on
. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
The subject premises is a three floor, mid terrace, comrising of 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.
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).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on
. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
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