£175,000

Property for sale

  1.  29B Crowtree Road, Sunderland, Tyne And Wear Sr1 3Ju
  2.  29B Crowtree Road, Sunderland, Tyne And Wear Sr1 3Ju
  3.  29B Crowtree Road, Sunderland, Tyne And Wear Sr1 3Ju
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£175,000

Property for sale

Crowtree Road, Sunderland SR1

Local area information

Property location

Nearby amenities

  • Sunderland 0.2 miles
  • St Anthony's Girls' Catholic Academy 0.4 miles
  • Hudson Road Primary School 0.4 miles
  • Seaham 5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Sunderland to find out more about the local area.

Features and description

  • Freehold High Yielding Retail Investment in Prime Pitch
  • Let to Silvervale Enterprises Limited (t/a Fatso's)
  • Fatso's operates from 11 stores across the North
  • Comprises approximately 160.40 sq m (1,727 sq ft)
  • Prime retailing pitch next to the main entrance of The Bridges Shopping Centre
  • 200 metres from Sunderland Train Station
  • Investment let at £33,000 pa (18.86% on Guide Price)
Strapline

Auction Sale - 30/07/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

Freehold High Yielding Retail Investment in Prime Pitch

Let to Silvervale Enterprises Limited. Comprises approximately 160.40 sq m (1,727 sq ft)

Investment let at £33,000 pa (18.86% on Guide Price)

Description

The property comprises a freehold two storey building arranged as a ground floor shop with ancillary upper parts.

Location

The property is situated in a very prominent pedestrianised City Centre location at the junction of Crowtree Road and Maritime Terrace leading to the main entrance of Bridges Shopping Centre. Sunderland Train Station is approximately 200 metres away. Other nearby retailers include tk Maxx, H&M, Home Bargains, Starbucks and Primark.

Transport

13 miles south-east of Newcastle upon Tyne, 13 miles south-west of DurhamLegal documents.

Tenancy

Let to Silvervale Enterprises Limited (t/a Fatso's) on a 3 year lease from 25.03.2019 (holding over since March 2022) at a rent of £33,000 pa

Fatso's Covenant

D&B Rating: B 2

Total Assets: £641,902

Incorporated in 2003, Fatso's operates from 11 stores across the UK. "We are the North East’s largest independent sandwich retailer. We have been serving thousands of busy workers, hungry shoppers and students since August 2003." ().

Accommodation

Please note the approximate areas have been provided by the voa/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.

Ground - 83.80 sq m (902 sq ft)

First - 76.60 sq m (825 sq ft)

Total - 160.40 sq m (1,727 sq ft)

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Savills - National Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savills - National Auctions for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Sunderland
  5. Sunderland City Centre
  6. Crowtree Road