£295,000
Studio flat for sale
Tyne & Wear, SR4
studio Flat Property description
LOCATION
The premises lies on Railway Terrace, South Hylton. Railway terrace is the main through road in and out of South Hylton. South Hylton lies 4.4 miles West of Sunderland City Centre and benefits from been the final stop on the Tyne & Wear Metro.
DESCRIPTION
The subject premises is a mixed use tenanted investment that consist of ground floor retail unit known as 15a, first floor retail known as 15b, ground floor retail known as 15c and garage to the rear known as garage R/O ground floor.
ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:
Ground Floor 15a 64.93m² 699ft²
Ground Floor/First Floor 15b 57.13m² 615ft²
Ground Floor 15c 64.7 m² 696ft²
R/O Ground Floor 14.26m² 153ft²
Total 201.02m² 2,164ft²
EPC RATING
To be Assessed
LEASE TERMS
Name Address Rent PCM Rent Per Annum
Hair Salon 15a £700 £8,400.00
Offices/Retail 15b £650 £7,800.00
Pet Parlour 15c £340 £4,080.00
Garage R/O Ground Floor £275 £3,300.00
Total £1,965 £23,580.00
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
The premises lies on Railway Terrace, South Hylton. Railway terrace is the main through road in and out of South Hylton. South Hylton lies 4.4 miles West of Sunderland City Centre and benefits from been the final stop on the Tyne & Wear Metro.
DESCRIPTION
The subject premises is a mixed use tenanted investment that consist of ground floor retail unit known as 15a, first floor retail known as 15b, ground floor retail known as 15c and garage to the rear known as garage R/O ground floor.
ACCOMMODATION
We calculate the approximate net/gross internal floor areas to be as follows:
Ground Floor 15a 64.93m² 699ft²
Ground Floor/First Floor 15b 57.13m² 615ft²
Ground Floor 15c 64.7 m² 696ft²
R/O Ground Floor 14.26m² 153ft²
Total 201.02m² 2,164ft²
EPC RATING
To be Assessed
LEASE TERMS
Name Address Rent PCM Rent Per Annum
Hair Salon 15a £700 £8,400.00
Offices/Retail 15b £650 £7,800.00
Pet Parlour 15c £340 £4,080.00
Garage R/O Ground Floor £275 £3,300.00
Total £1,965 £23,580.00
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
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Council tax
First listed
Over a month agoTyne & Wear, SR4
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tyne & Wear, SR4 - Streetview
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