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Under OfferFor sale: £1,750,000.00

1-12 Carrmere Road, Leechmere Industrial Estate, Sunderland, SR2 9TT

General Industrial, Industrial Park, Industrial , 7590 - 49478 Sq Ft
Property type: General Industrial, Industrial Park, Industrial
Tenure: Investment Opportunity, Under Offer
Size: 7590 - 49478 Sq Ft
Price: £1,750,000.00
Location: 1-12 Carrmere Road, Leechmere Industrial Estate, Sunderland, , Sunderland, SR2 9TT
A multi-let industrial estate so the south of Sunderland City Centre with a strong tenant lineup including Wolseley and Howdens, and a WAULT of 6.80 years to expiry. Asset management potential upon le - • Located 2 miles south of Sunderland City Centre in the North East of England
• Situated on Leechmere Industrial Estate, a well-established industrial estate 3.5 miles to the east of the A19
• The property comprises 12 industrial units extending to 49,478 sq ft
• Occupied by four tenants, including Wolseley Centres t/a Plumb Center, Howdens Joinery Properties Ltd, NP Alliance and Compass Community Transport Ltd
• 53% of income to secured established national trade occupiers in Wolseley & Howdens
• WAULT of 6.80 years to expiry and 6.00 years to break
• The passing rent of £165,036 per annum, reflects a low average rent of c. £3.40 per sq ft
• Freehold
• Asset management potential
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