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Unterkunft
Das Anwesen wurde von BKR Floorplans vermessen und bietet folgende Unterbringungsmöglichkeiten:
| Ground Floor net Internal area | 1,667 sq ft | 154.86 sq m |
A set of floor plans is available to download, and the measured survey report will be re-addressed to a purchaser at a cost of £440 + VAT.
EPÜ
The property has an EPC rating of C, valid until 11 August 2032.
Bewertbarer Wert
According to the valuation office website, the rateable value for the property is £20,000.
Der Gewerbesteuermultiplikator beträgt 49,9 Pence.
Amtszeit
Freier Halt.
Mietverhältnis
The property is let to Syed Amir Ali, trading as Alishaan By The Sea, on a full repairing and insuring lease for a term of 20 years from 10Th September 2013, expiring on 9Th September 2033 (approximately 8 years unexpired).
Die aktuelle Übergangsmiete beträgt 20.000 £ pro Jahr. The lease benefits from an upwards only open market rent review on 10Th September 2028.
Bund
Alishaan By The Sea is a family-owned Indian restaurant in Sunderland. The restaurant is highly rated previously having won a Trip Advisors Travellers Choice Award in 2024, it also has 1300+ five star reviews on Just Eat. For further information see alishaan-bythesea.co.uk.
MwSt
This property has been registered for VAT. It is anticipated that the sale will be treated as a transfer of a Going Concern (TOGC).
Vorschlag
Wir sind beauftragt, Angebote in der Region einzuholen £196,000 (One Hundred and Ninety Six Thousand Pounds), subject to contract
Ein Kauf zum Angebotspreis spiegelt eine attraktive Nettoanfangsrendite von 10% (allowing for purchaser’s costs at 2.82%).
Please note that a purchaser will be re-charged the costs of the measured survey (£440 +VAT) and searches (£1,251.50 inc VAT) which are provided in the data room.
Überlegungen zur Investition
Opportunity to acquire a freehold retail/restaurant investment;
An einen etablierten Mieter vermieten;
Attractive unexpired lease term;
Situated in an affluent suburb of Sunderland;
A purchase at the asking price represents an attractive net initial yield;
Attractive lot size for investors.
Haftungsausschluss
Fixed Charge Receivers Andrew Pear and Milan Vuceljic by the powers given by the Mortgage and all other powers given by statute or otherwise who act as agents for the Company and without personal liability. Both Fixed Charge Receivers are licenced by the Insolvency Practitioners Association and are bound by the Insolvency Code of Ethics.
Singer Vielle Finanzdienstleistungen
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