Leisure/hospitality for sale

North Ravensworth Street, Milfield, Sunderland, Tyne & Wear SR4

For sale by online auction: Terms and conditions apply.

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.
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.
Tenure

Freehold. Title number DU26625.
Lease information

The property is currently tenanted at £10,400 for the commercial unit, and £1,300pcm for the maisonette, totalling an annual income of £26,000. The tenants are due to vacate the property, which is to be sold with vacant possession.
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 £900 as of 1st April 2023.
Sourced from voa.
Council tax

Band A.
EPC

Available upon request (rating C and E).