This tenanted mixed-use commercial property combines a ground-floor retail unit with two flats above, offering established rental income in a prominent position in Pallion, Sunderland.

• Ground-floor commercial premises let on a 20-year FRI lease from 26 October 2020, with rent reviews every five years
• Two first-floor flats, each on a rolling tenancy
• Total stated rent: £31,500 per annum, with an approximate yield of 8%
• Commercial unit rent: £21,000 per annum; flat rents: £5,100 and £5,400 per annum
• Total area: 189.75 sq m
• Nearby occupiers include food retailers, takeaway businesses and other local shops

The freehold investment is situated within Pallion’s established shopping parade, around three miles west of Sunderland city centre and close to Sunderland Rail Station. Its mix of commercial and residential tenancies provides multiple rental streams; the residential flats are let on rolling tenancies, while the commercial lease includes repairing and insuring obligations.