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12 Fawcett St

Shop for sale

£725,000 4,284 sq ft

Pattinson Commercial
View the performance or update the listing in CoStar
Contact name

Ajibola Owulade - Pattinson Commercial

Full address
12 Fawcett St, Sunderland SR1 1SJ – Sunderland
Property type
Shop for sale
Asking price
£725,000
Available space range
There is 1 space available. This measures 4,284 sq ft.
Features
Roller Shutters, Storage Space

Sale details

Sale unit 3711780 Available

4,284 sq ft, £169.23 per sq ft

Unit Sale unit 3711780
Address 12 Fawcett St, Sunderland, Tyne And Wear, SR1 1SJ, GB
Size 4,284 sq ft
Price £725,000
Price per unit £169.23 per sq ft
Unit Sale unit 3711780
Address 12 Fawcett St, Sunderland, Tyne And Wear, SR1 1SJ, GB
Size 4,284 sq ft
Price £725,000
Price per unit £169.23 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 11%
Net operating income £79,750

Sale notes

  • The subject is an investment opportunity which forms part of a four storey mid terraced brick building in the heart of sunderland city centre.
  • Part of the sale will form the sale and lease back on ground floor retail accommodation.
  • When fully let the investment will potentially produce a yield in excess of 11% based on the asking price.

Property description

The property comprises a mid terrace brick built mixed-use building. The property is located adjacent to HSBC on Fawcett Street immediately opposite the Lloyds TSB.

Building subtype
Storefront
Number of storeys
5
Rentable building area
4,284 sq ft
Year built
1910

This shop for sale is located in Sunderland.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Pattinson Commercial. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson Commercial for full details and further information.