Phoenix House brochure

  • Well located city centre mixed use building with Student Accommodation Potential
  • Situated next to the Bridges Shopping Centre and Sunderland Railway Station
  • Current net rent £127,646 pa with tenants including Greggs & Subway
  • Low capital value of £36 per sq ft
  • We are instructed to seek offers in excess of £1,200,000, which reflects a Net Initial Yield of 10% after purchaser’s costs of 5.80%.