Portfolio — Current investment

Fawcett House - Sunderland

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Address

30-32 Fawcett St, Sunniside, Sunderland SR1 1RH

Area

76640

Sector

Offices, Leisure, Government Income

Date acquired

1 December 2014

Rent

£156,364

Fawcett House has a ground floor Wetherspoons and further ground floor retail unit let to Sunderland Council with upper office floors also occupied by Sunderland Council. The remaining top 2 floors are let to Sunderland Council on a long leasehold. It is situated in the centre of Sunderland and close to Sunderland Council main HQ. There is an existing long lease to Weatherspoons. The upper floors have good potential for alternative uses such as residential/student accommodation.