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71-81 The Broadway, Sunderland

Just added

Shop for sale

£450,000 2,515 sq ft

MHPI Ltd
Property type

Shop for sale

Full address
71-81 The Broadway, Sunderland SR4 8NR – Sunderland
Asking price
£450,000
Available space range
There is 1 space available. This measures 2,515 sq ft.
Features
Energy Performance Rating - C, Storage space
Brochure
Download the brochure

Sale details

Sale unit 3202091 Available

2,515 sq ft, £178.93 per sq ft

Unit Sale unit 3202091
Address 71-81 The Broadway, Sunderland, Tyne And Wear, SR4 8NR, GB
Size 2,515 sq ft
Price £450,000
Price per unit £178.93 per sq ft
  • The property is let by way of a 21 year fri lease from 29th november 1999, with a current rent of £29,250pa.
  • On an individual basis we are seeking offers of £450,000, which reflects a niy of 6.22%.
  • Alternatively, we are instructed to seek offers of £1,685,000 (one million six hundred & eighty five thousand pounds), which reflects a net initial yield of 6.05% after purchaser’s costs at 6.18% on a portfolio basis.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 71-81 The Broadway, Sunderland

The property comprises a building of masonry construction with accommodation spread over two floors. The ground floor of the property is given over to provide retail space and the first floor provides residential accommodation.

Building subtype
Storefront retail residential
Number of storeys
2
Rentable building area
2,515 sq ft
Year built
1960

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Sunderland.

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Meet the team

MHPI Ltd

  • James Metcalf
  • Simon Harland
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Meet the team

MHPI Ltd

  • James Metcalf
  • Simon Harland
View the performance or update the listing in CoStar

Contact agent

020 *** ****

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Please supply a valid email

Please supply either an email or phone number

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By submitting this form, you accept our Terms & conditions & Privacy policy Please note that Realla will send the above details to the agents listed.

Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to MHPI Ltd. 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 MHPI Ltd for full details and further information.