Property for Auction in London - 47 West Sunniside, Sunderland, Tyne and Wear

A Substantial Mid Terrace Building Arranged to Provide a Ground and First Floor Restaurant/Pub and Second Floor Offices Let At £48,000. The property comprises a mid terrace building arranged to provide a ground and first floor restaurant and second floor offices. Tenure Freehold By Order of the LPA Receivers Location The property is situated on a mixed use road close to local shops and amenities. The open spaces of Riverside Park are within easy reach. Transport links are provided by Sunderland rail station. Accommodation Ground Floor Bar/Lounge Cellarage WC First Floor Restaurant Lounge Patio Terrace Kitchen WC's Second Floor Office Admin Office Staff Room Storage Room WC GIA Approximately: 255 sq m (2,746 sq ft) Exterior The property benefits from a patio area to the rear. Tenancy We understand that the property is occupied to a company trading as a pub at £48,000 per annum however, the receivers have not been provided any evidence as such and no rent has been collected. Please refer to the legal pack for further information. The property has not been inspected by Auction House London. All information has been supplied by a valuation report provided by the Receiver. Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.