Prominent high‑street unit with immediate rental income near Seaburn Metro.
Freehold high‑street retail with upper residential unit, fully let generating £39,000 pa
A freehold high‑street investment at Sea Road, Fulwell, offered with a guide price of £375,000 and producing £39,000 pa (net initial yield c.10.03%). The ground floor is trading as a hot food takeaway with a prominent Victorian-style shopfront; the upper floor is a self-contained residential unit currently let. The property benefits from strong local footfall, Seaburn Metro within walking distance and easy road links to Sunderland city centre.
The building sits in an affluent, major conurbation area classified locally as ageing suburbanites, with fast ultrafast broadband and excellent mobile coverage. EPC ratings are C‑69 for the retail unit and D‑64 for the residential part. Flood risk is nil and services include mains gas central heating and double glazing (install date unknown).
Notable considerations are factual: the listing contains conflicting age and accommodation notes (late 19th century vs 1930–49 construction; 1 bedroom/1 bathroom in supplied fields but the description references a two‑bed apartment). Wall construction is cavity with no added insulation assumed. Interested parties should confirm business rates, VAT position and specific tenancy details; each party is responsible for their own legal costs.
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