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56 Frederick St 1,063 SF 100% Leased Office Building Sunderland SR1 1NF $279,323 CAD ($262.77 CAD/SF)

INVESTMENT HIGHLIGHTS
- Current income £22,400 pa
- Residential apartment on upper floors
- City centre investment property
- 2 car parking spaces to rear
- Commercial tenant over 2 floors (2 leases)
EXECUTIVE SUMMARY
Ideally positioned in Sunderland, this property promises substantial returns on investment given its dual-purpose usage. An unmissable venture for those seeking to expand their commercial portfolio. Presenting an exceptional Grade 11 listed commercial sale opportunity located in the bustling city of Sunderland. This property comprises well-situated offices on the lower levels, currently generating an impressive annual income of £22,400 pa.
An attractive attribute of this property is the ample amount of parking available. Included with the site are 2 highly convenient rear car parking spaces. This additional facility enhances the desirability of the office location for potential tenants, providing them with ease of access and an added level of convenience.
Adding to the investment allure of this property are the residential apartments situated on the upper floors. These flats provide an additional source of income and contribute to the potential for a diverse income stream.
An attractive attribute of this property is the ample amount of parking available. Included with the site are 2 highly convenient rear car parking spaces. This additional facility enhances the desirability of the office location for potential tenants, providing them with ease of access and an added level of convenience.
Adding to the investment allure of this property are the residential apartments situated on the upper floors. These flats provide an additional source of income and contribute to the potential for a diverse income stream.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
1,063 SF
Building Class
C
Year Built
1900
Price
$279,323 CAD
Price Per SF
$262.77 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
266 SF
Slab To Slab
10’
Building FAR
0.77
Lot Size
0.03 AC
Parking
2 Spaces (1.88 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Security System
- Storage Space
- Smoke Detector
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56 Frederick St
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