12 Colima Avenue, Sunderland SR5 3XB
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£2,400,000
Oct 2026
NorthCap has successfully advised on the sale of a single-let HQ office building in Sunderland.
12 Colima Avenue comprises a modern, pavilion-style office building of steel frame construction extending to 28,453 sq ft NIA, fully let to Berghaus Limited until 01 June 2028 at a rent passing of £340,000 per annum.
The sale price achieved was £2,400,000, reflecting a net initial yield of 13.3%.
Hazim Basahel of Tarim Consulting represented the purchaser, Sami Capital.

