Next auction Thursday 20th June 2.30PM

17 Holmeside, Sunderland, SR1 3JE



Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Sold
£105,000
Guide price

£45,000+


Property Type

Investment


Key Features

  • Freehold City Centre takeaway unit
  • Arranged over ground and first floor wth a total floor area circa 1,581 sq ft
  • 20 year lease expiring in June 2020 at a rent of £18,750 pa

Part of the 3 October 2019 auction
Nottingham Racecourse at 2.30PM

Freehold City Centre takeaway arranged over ground and first floor let on a 20 year lease expiring in June 2020 at a rent of £18,750 pa

  • Freehold City Centre takeaway unit
  • Located a short walk from Sunderland City Centre
  • In proximity to Yates, Mecca Bingo and Subway
  • Arranged over ground and first floor
  • GF: Takeaway unit fit for its current use
  • FF: Staff facilities, w/c's and store rooms
  • Total floor area circa 1,581 sq ft (Source: VOA)
  • Let to an independent operator on 20 year lease
  • 20 year lease expiring in June 2020 at a rent of £18,750 pa
  • Ideal opportunity for investors

Next viewing date: Thursday 19th September at 3.30-3.45pm.

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to lease expiring in June 2020 at a rent of £18,750 pa

D

Email: owen.ormond@walkermorris.co.uk
Telephone: 0113 283 2500

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