Cuthbert House, Tower Road, Washington, Tyne & Wear, NE37 2SH

Cuthbert House, Tower Road, Washington, Tyne & Wear, NE37 2SH

£150,000
Commercial
Unsold
About this Property
19 March 2013
Unsold
£150,000
Traditional
Commercial
Description

Two Long Leasehold Office and Ground Rent Investments located at Cuthbert House, Tower Road, Washington, Tyne & Wear, NE37 2SH. This commercial property is held on leases for a term of 125 years with ground rents of £12,000 per annum for each Lot, which will increase every 5th year by 2% per annum compounded. The property comprises purpose-built single-storey office buildings, each offering four self-contained office units, and features on-site car parking. Washington is positioned 6 miles west of Sunderland and 4 miles southeast of Gateshead, with the property situated at a major road junction of the A195 and A1290 trunk roads in the town center. Nearby occupiers include Kwik

Location
Map location for Cuthbert House, Tower Road, Washington, Tyne & Wear, NE37 2SH
More Information
Leasehold
Planning Authority
Sunderland LPA

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