Project Details:
| Fawcett House | |
| Sunderland | |
| Built | 1950/60’s |
| Area | 76,640 sq ft |
| No. floors | 4 |
| Main Tenants | Sunderland Council; Weatherspoons |
| Purchased | December 2014 |
| Rental income (net) | £390,000 p.a. |
| Lease Expiry/Break Date | 2021 & 2046 |
| Fawcett House has a ground floor Weatherspoons 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. |
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