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INVESTMENT HIGHLIGHTS
- Freehold High Yielding Retail Investment in Prime Pitch
- 2025 break option not exercised
- Prime retailing pitch next to the main entrance of The Bridges Shopping Centre
- Investment let at £18,904.16 pa (15.75% on Guide Price)
- Let to Fone Xperts Sunderland Ltd for 10 years from 2022, expiring February 2032
- Comprises approximately 170.50 sq m (1,835 sq ft)
- 200 metres from Sunderland Train Station
EXECUTIVE SUMMARY
The property comprises a freehold two storey building arranged as a ground floor shop with ancillary upper parts.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,835 SF
Building Class
B
Year Built
1965
Price
$221,037 CAD
Price Per SF
$120.46 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
19’ on Crowtree Road
AMENITIES
- Security System
- Automatic Blinds
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- -
- 1,835 SF
- -
- Feb 2032
Mobile phone repair shop in Sunderland, England
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
- | 1,835 SF | - | Feb 2032 |
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NEARBY MAJOR RETAILERS
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29A Crowtree Rd
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