25 Adolphus Street, Sunderland, Tyne and Wear SR6 7DL

A mixed use property comprising a ground floor commercial unit, currently run as a newsagents, and a first floor two bedroom apartment. Both elements are let to the same tenant, generating an income of £15,000 per annum. There is a 10 yar lease, commencing in 2021, so there are 4/5 years remaining. The business is well established, in the neighbourhood, and is situated in the densely populated residential area of Whitburn. The property is located in Whitburn, with Whitburn Beach a short walk away and Sunderland centre just 4 miles to the South. Accommodation Ground FloorSales Area and Stores. Flat - Entrance HallFirst FloorLanding, Lounge Kitchen, Two Bedrooms and Bathroom Costs Auction Details The sale of this property will take place on the stated date by way of Online auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT) There may be additional fees listed in the…

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