Tavistock House, Tavistock Place, Sunderland
9,801 sq ft
Description
• Securely let to The Midcounties Co-operative Limited on a lease expiring November 2039 with no breaks (14.4 years unexpired).
• Passing rent of £62,000 per annum.
• Freehold.
• Substantial Grade II listed property comprising a Gross Internal Area of 9,801 sq ft.
• Your Coop Little Pioneers ranked within the Top 20 Large Nursery Groups for 2025.
• Sunderland City Centre location with parking.
We are instructed to seek offers in the region of £815,000 (Eight Hundred and Fifteen Thousand Pounds) reflecting a Net Initial Yield of 7.21% after standard purchaser’s costs of 5.51%.
• Passing rent of £62,000 per annum.
• Freehold.
• Substantial Grade II listed property comprising a Gross Internal Area of 9,801 sq ft.
• Your Coop Little Pioneers ranked within the Top 20 Large Nursery Groups for 2025.
• Sunderland City Centre location with parking.
We are instructed to seek offers in the region of £815,000 (Eight Hundred and Fifteen Thousand Pounds) reflecting a Net Initial Yield of 7.21% after standard purchaser’s costs of 5.51%.
BUILDING HIGHLIGHTS
Securely let to The Midcounties Co-operative Limited
Passing rent of £62,000 per annum
Freehold
Grade II listed property
