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Guide price £25,000($33,138)
Land at Burdon RoadBurdon Road, Sunderland
- Sole agency
- Leasehold
Key features
- High Yielding Land/Parking Investment
- Land Parcel Let on a License for Car Parking
- Long Term Occupier Since 2007
- Alternative Use Potential (subject to Consents)
- Fronting a Busy Main Road
- Investment Let at £6,500 p.a. (26% GIY on Guide Price)
High Yielding Land/Parking Investment Fronting a Busy Main Road Land Parcel Let on a License for Car Parking from 03.09.2007 Investment Let at £6,500 per annum
About this property
The property comprises a high yielding land/parking investment fronting a busy main road. Arranged as a land parcel currently used as parking, the property is let on a license to the Grand Central Railway Company from 03.09.2007 producing £6,500 per annum. The property is accessed and benefits from a frontage to Burdon Road, a busy arterial route connecting the principally residential area to the south of Sunderland with the town centre.