Restaurant/cafe for sale in Sunderland Street, Houghton Le Spring DH4, £159,000
159,000.00
Offer Nr.:
63416786
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Pattinson - Commercial
Phone(s):
0191 686 1492
Email:
* Investment Opportunity
* Annual Income 15, 640 pa
* Freehold Title
* Secondary High Street Location
**Summary**
Mixed Use Investment For Sale!
The subject premises is atwo storey, three floor traditional brick
constructed building with a pitched roof.
The property consists of a hot food takeaway to the ground floor, 1x flat to
thefirst floor and 1 x flat to the second floor.
The ground floor and first floor is currently let on a 18 year lease
commencing 1st April 2013 with a passing rent now of12, 000 per annum.
We are verbally advised the the second floor flat is let on an AST at an
annual rent of 3, 640.
**Location**
The subject property is well locatedalong Sunderland Street. This property is
located within easy reach of local amenities, transport links and schools. The
subject property is located approximately 0. 4miles from Houghton Le Spring
town centre and approximately 6. 9 miles from Sunderland city centre.
**Accommodation**
12 Sunderland Street - Retail area and kitchen.40m2 (431 sq ft).
12a Sunderland Street - Lounge, kitchen, bedroom and bathroom. 40m2 (431 sq
ft).
12b Sunderland Street - Lounge, kitchen, bedroom and bathroom. 40m2(431 sq
ft).
**Tenure**
Freehold. Title number: TY224544
**Lease Details**
12 - 12a Sunderland Street - On 1st April 2013 an 18 year lease term was
taking out at aninitial rent of 10, 357 pa with rent reviews every third
anniversary both parties have agreed a passing rent of 12, 000 pa.
12b Sunderland Street - we are verballyadvised that premise is currently let
on AST at a weekly rent of 70 (3, 640 pa).
**EPC**
We currently await a copy of the Energy Performance Certificate.
**AdditionalInformation**
For further information please contact our office direct on , or alternatively
via e - mail on . With regards to viewing the subject property, this is tobe
done strictly by appointment through Keith Pattinson Commercial department.
Please contact us to arrange an internal inspection, or to register your
interest.
* Annual Income 15, 640 pa
* Freehold Title
* Secondary High Street Location
**Summary**
Mixed Use Investment For Sale!
The subject premises is a
constructed building with a pitched roof.
The property consists of a hot food takeaway to the ground floor, 1x flat to
the
The ground floor and first floor is currently let on a 18 year lease
commencing 1st April 2013 with a passing rent now of
We are verbally advised the the second floor flat is let on an AST at an
annual rent of 3, 640.
**Location**
The subject property is well located
located within easy reach of local amenities, transport links and schools. The
subject property is located approximately 0. 4
town centre and approximately 6. 9 miles from Sunderland city centre.
**Accommodation**
12 Sunderland Street - Retail area and kitchen.
12a Sunderland Street - Lounge, kitchen, bedroom and bathroom. 40m2 (431 sq
ft).
12b Sunderland Street - Lounge, kitchen, bedroom and bathroom. 40m2
ft).
**Tenure**
Freehold. Title number: TY224544
**Lease Details**
12 - 12a Sunderland Street - On 1st April 2013 an 18 year lease term was
taking out at an
anniversary both parties have agreed a passing rent of 12, 000 pa.
12b Sunderland Street - we are verbally
on AST at a weekly rent of 70 (3, 640 pa).
**EPC**
We currently await a copy of the Energy Performance Certificate.
**Additional
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
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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