Mixed Use

West Lea, New Herrington, Houghton Le Spring , DH4 4LH


Call Us: 01661 831 360

We are delighted to offer to the market this end terrace three storey mixed-use property consisting ground floor tenanted retail unit and tenanted two bedroom flat over the ground, first and second floor.

The subject property is situated on the main thoroughfare through New Herrington. Houghton-le-Spring is a large residential area and is part of the City of Sunderland despite having a County Durham postcode.

Rental Income / Tenants
1 West Lea
Tenant – Steady Workwear
Lease – 5 year lease from November 2022
Rent – £5,400 per annum

1a West Lea
Tenant – Private
Lease – 6 month AST
Rent £5,700 per annum

Property details provided by Rook Matthews Sayer
EPC rating: D and C
Council Tax band: A
Tenure : Part Freehold / Part 999 year lease

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 29th JUNE 2023 OPTION 1

1 West Lea – Ground Floor
Retail 22.78 sq.m 245.25 sq.ft
Kitchen 4.33 sq.m 46.70 sq.ft
Store 8.86 sq.m 95.42 sq.ft
W.C 1.92 sq.m 20.71 sq.ft

1a West Lea
Ground Floor
Bathroom 5.41 sq.m 58.31 sq.ft

First Floor
Living Room / Kitchen 15.53 sq.m 167.26 sq.ft
Bedroom 14.55 sq.m 156.64 sq.ft

Second Floor
Bedroom 9.75 sq.m 105.03 sq.ft

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by RMS. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

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