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Two Long Leasehold Office and Ground Rent Investments

Bede House, 5-8, Tower Road, Washington, Tyne & Wear, NE37 2SH

£100,000
Commercial
About this Property
2013-03-19
100000
Traditional
Commercial
Description

Commercial property located at Bede House, 5-8, Tower Road, Washington, Tyne & Wear, NE37 2SH. The property consists of two long leasehold office investments, each held on a lease for a term of 125 years with ground rents of £12,000 per annum. These ground rents will increase every 5th year by 2% per annum compounded. The buildings are purpose-built single storey office structures, each providing four self-contained office units with on-site car parking. Washington is situated approximately 6 miles west of Sunderland and 4 miles south-east of Gateshead, benefiting from its location next to the A1(M). The property is positioned at a major road junction of the A195 and

Location
More Information
Leasehold
Tower Road
Planing Authority
Sunderland LPA
Sold Price History
08 Jul 2014Sold Lot Allsop£240,000
20 May 2019Withdrawn Lot Allsop£75,000
09 Jul 2019Unsold Lot Allsop

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