Ryhope St - Health Club FOR SALE


Sunderland, TWR SR2 9QR
$1,125,000 USD
808-164-6839
Ryhope St, Sunderland, TWR for Sale
$1,125,000 USD
Health Club - FOR SALE
1/1
null | 7.98% Cap Rate

Ryhope St
Sunderland, TWR SR2 9QR


HIGHLIGHTS

  • 3 miles south of the City Centre
  • Immediate vicinity is largely residential
  • Property benefits from excellent local amenities including Asda and Iceland to the immediate east of the premises

OVERVIEW

Freehold investment opportunity. Asking price of £1,125,000 (One Million One Hundred and Twenty Five Thousand Pounds) which represents a net effective yield of 7.98% taking into account reasonable purchasers’ costs at 5.87%. Single let to OneGym on a 15 year term from November 2022. Passing Rent of £95,000 pa.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

7.98%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,567 SF

ZONING

-

APN/PARCEL ID

TY289350,TY593976

ASK ABOUT THIS PROPERTY

Kevin McGorieSanderson Weatherall LLPMore Info
808-164-6839

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Kevin McGorieSanderson Weatherall LLPMore Info
808-164-6839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.