A Substantial Mid Terrace Building Arranged to Provide a Ground and First Floor Restaurant/Pub and Second Floor Offices Let At £48,000.

The property comprises a mid terrace building arranged to provide a ground and first floor restaurant and second floor offices.

Tenure

Freehold

By Order of the LPA Receivers

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Riverside Park are within easy reach. Transport links are provided by Sunderland rail station.

Accommodation

Ground Floor Bar/Lounge Cellarage WC First Floor Restaurant Lounge Patio Terrace Kitchen WC's Second Floor Office Admin Office Staff Room Storage Room WC GIA Approximately: 255 sq m (2,746 sq ft)

Exterior

The property benefits from a patio area to the rear.

Tenancy

We understand that the property is occupied to a company trading as a pub at £48,000 per annum however, the receivers have not been provided any evidence as such and no rent has been collected. Please refer to the legal pack for further information.

The property has not been inspected by Auction House London. All information has been supplied by a valuation report provided by the Receiver.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.