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12 Sunderland St 3,864 SF 100% Leased Retail Building Houghton Le Spring DH4 4BD $121,564 ($31.46/SF) 13.33% Cap Rate

INVESTMENT HIGHLIGHTS
- Easy access to the A690 Motorway
EXECUTIVE SUMMARY
Mixed use investment for sale- The ground floor and first floor is currently let on a 18 year lease commencing 1st April 2013 with a passing rent now of £12,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,864 SF
Building Class
C
Year Built
1960
Price
$121,564
Price Per SF
$31.46
Cap Rate
13.33%
NOI
$16,209
Percent Leased
100%
Building Height
2 Stories
Building FAR
5.26
Lot Size
0.02 AC
AMENITIES
- Courtyard
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NEARBY MAJOR RETAILERS
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12 Sunderland St
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