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10 Frederick St

1,365 SF Retail Building Sunderland SR1 1NA $187,942 ($138/SF) 10.23% Cap Rate

Investment Highlights

  • Commercial and residential investment property
  • City centre location in Sunniside Area
  • With provision for fixed uplifts on retail element*

Executive Summary

The property is arranged as 2 separate units comprising ground floor hairdressing salon which has been extended to full site depth. There is also a residential apartment arranged over first and second floors with independent access from Frederick Street

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,365 SF
Building Class
B
Year Built
1957
Price
$187,942
Price Per SF
$138
Cap Rate
10.23%
NOI
$19,228
Tenancy
Single
Building Height
3 Stories
Building FAR
0.78
Lot Size
0.04 AC
Frontage
21 FT on Frederick Street

Amenities

  • Security System
  • Storage Space

Nearby Major Retailers

Santander
Heron Foods
Virgin Money
Eurochange
National Westminster Bank Plc
Barclays
The Co-operative Bank
YMCA
Caffe Nero
Starbucks
  • Listing ID: 34282281

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 10 Frederick St, Sunderland SR1 1NA

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