Property overview

12 Colima Avenue, Sunderland SR5 3XB

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£2,700,000
Mar 2026
  • Modern, high-yielding single-let office investment.
  • Fully let to Berghaus Ltd on a renewed lease expiring 01 June 2028 at a rent passing of £340,000 per annum (£11.95 per sq ft).
  • Guaranteed by the strong covenant of Pentland Group Ltd.
  • High level of tenant capex demonstrating long term commitment.
  • Prominent 2.14 acre freehold site in an established commercial location.
  • Offers sought in excess of £2,700,000 (Two Million, Seven Hundred thousand pounds) reflecting a Net Initial Yield of 11.83% after purchaser’s costs of 6.41% and a low capital value of £95 per sq ft.
  • The property is held in a clean UK SPV which can be acquired.