Summary - 89 Bede Street SR6 0NT
1 bed 1 bath Retail Property (high street)
Income-producing takeaway premises with immediate rental return and repositioning potential.
- Freehold sale of two adjoining mid-terrace retail units
A pair of adjoining mid-terrace retail units on Bede Street offered freehold with immediate rental income. Both premises are fitted as hot food takeaways with commercial kitchens and stable passing trade from a strong residential catchment. The combined income is £26,000 pa, producing an estimated 8% gross initial yield at the guide price of £300,000, with rent review provisions scheduled for March and July 2028 (minimum 10% annual increase).
The location benefits from excellent local amenities, frequent footfall from independent retailers and food outlets, and strong transport links to Sunderland city centre and regional routes. The buildings are practical for food operators or other commercial uses (subject to consent) and provide flexibility long term for investors seeking an income-producing asset in a major conurbation.
Buyers should note material factors: both units carry low EPC ratings (E–104 and E–120), the wall construction is solid brick with assumed lack of insulation, and the plot is small. The area records higher crime rates and the immediate neighbourhood profile is mixed, which can affect market perception and operational considerations for some occupiers.
Overall this is a practical, income-backed freehold suited to investors comfortable with modest EPC performance and urban trading conditions. There is scope to enhance value through energy improvements, active asset management at rent review, or repurposing (subject to consents).
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