>
2 bedroom mews property for sale
279-281 Southwick Road, Sunderland, Tyne and Wear, SR5 2AB
£125,000
279-281 Southwick Road, Sunderland, Tyne and Wear, SR5 2AB
£125,000
Our Summary
- For sale by Online Auction - 24th of September 2025
- Fantastic commercial and uppers for sale via auction treaty, well located along the popular Southwick Road, Sunderland
- The shop is let at £800pcm and the flat is let at £675pcm, producing £17,700 per annum, making a great investment opportunity
- Tenure Freehold Terms Legal Pack To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
- Investment Opportunity
Description
This commercial property is located on Southwick Road in Sunderland and is being sold via online auction on September 24th, 2025. The property consists of a ground-floor A5 hot food takeaway and a two-bedroom residential flat above, which is currently tenanted. The shop is let for £800 per month and the flat is let for £675 per month, producing a total annual income of £17,700. The property is being sold freehold, and the vendor is willing to sell the property unconditionally, with the buyer required to pay a 10% deposit and a £1,200 plus VAT buyers' administration fee upon the fall of the hammer. The buyer will be legally bound to complete the purchase within 28 days following the auction, and additional fees and charges may apply.