Office Investment, Lynas House, 12 Frederick Street, Sunderland, Sr1 1NA Sold STC

Ref
C4286
Price
For Sale @ OIRO £575,000
Categories
Investment, Office,
  • Modern city centre offices in main professional area
  • With development potential STP*
  • Totalling 10,551 ft2 (980 m2)
  • Current secure total income £69,973
  • Offers in the region of £575,000 plus VAT showing attractive Net Initial Yield of 12% overall
  • Low Capital Value £54.50 ft2
  • Opportunity for staged Vacant Possession of FF and SF