TypeOffice Investments
TenureFor sale
Lynas House is arranged over 3 floors and was refurbished in 2009 including replacement of all
external windows and the installation of passenger lift serving the first and second floors from a self contained access lobby.
Current secure total income £67,973
Attractive Net Initial Yield 10% overall
Low Capital Value £64 ft2
Opportunity for staged Vacant Possession of FF and SF
Lynas House is a modern 3 storey office building located at the junction of Frederick Street and
Athenaeum Street within the main professional area.
Occupiers within close proximity include TSB Bank and Grand Central and the property is within
walking distance of Sunderland Station which has recently been the subject of a multimillion-pound redevelopment programme.