Land at Burdon Road, Burdon Road, Sunderland | Property for sale | Savills
Guide price £25,000(NT$1,054,369)

Land at Burdon RoadBurdon Road, Sunderland

  • Sole agency
  • Leasehold
Investment
Yield 26%Yield

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.