136 - 150 Allendale Road, Sunderland | Property for sale | Savills
Guide price £450,000

136 - 150 Allendale RoadSunderland

  • New
  • Sole agency
  • Freehold
Investment

Key features

  • Freehold Retail Parade
  • Comprises 8 units let to 7 tenants (one vacant shop & uppers)
  • Long WAULT of approximately 7.91 years
  • No breaks on all leases
  • Asset management potential to let the vacant shop & upper parts
  • Comprises approximately 1,020 sq m (10,983 sq ft)
  • Investment Let at £59,875 pa (13.31% on Guide Price)

Freehold Retail Parade Asset management potential to let the vacant shop. Comprises approximately 1,020 sq m (10,983 sq ft). Approximate WAULT of 7.91 years Investment Let at £59,875 pa (13.31% on Guide Price)

About this property

  • The property comprises a freehold retail parade of 8 units with upper parts. One shop & upper parts is vacant.

Local information

  • The property is situated in Farringdon, a suburb of Sunderland, Tyne and Wear. This prime location offers easy access to local amenities, shops, and schools, while also providing convenient links to Sunderland City Centre, Doxford International Business Park, and major roads such as the A19.
  • Transport
  • Road -The property is well-connected to major roads, including the A19, which is a short drive away, providing fast access to Sunderland, Newcastle, and other surrounding towns. Additionally, the A690 is easily accessible, linking the area to Durham and other key locations in the North East.
  • Rail - The nearest railway station is Sunderland Railway Station (3 miles) providing direct rail services to Newcastle, Durham, London