SITUATION
The property is located in a prominent retail area on the north bank side of Sunderland City Centre. The unit benefits from excellent road links being just off the A1018, a main trunk road through Sunderland. This is turn provides easy access to the A690 and the A19.
The surrounding area is a mixture of predominantly Local Authority owned housing or low-cost terraced housing and mixed commercial City Centre infill, predominantly of a retail nature.
The unit benefits from ample car parking and provides a spacious retail sales warehouse with ancillary storage, office, kitchen and WC facilities. The unit also benefits from solid concrete flooring throughout, electric roller shutter door access and an approximate eaves height of 4 metres.
ACCOMMODATION
The property provides the following gross internal floor area: –
| Ground Floor | 736m² | 7,925ft² |
LEASE TERMS
A new Full Repairing & Insuring lease via a service charge for a term to be agreed is available at £45,000 per annum exclusive.
EPC
The property has an Energy Performance Certificate of E (106).
BUSINESS RATES
| Rateable Value | £37,250 |
| 2023/2024 UBR | £0.499 |
| Estimated Rates Payable | £18,588 |
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
SERVICES
We understand the property benefits from water and electrical services, however any interested parties should make their own investigations with regards to this matter.
COSTS
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
VIEWING
For enquiries, viewing, and general information, please contact: –
Ian Thurlbeck
E: iant@atretail.co.uk
M: 07515 831417
Or our Joint Agent, Mark Convery on 07525 872141
| Rent: | £45,000 |
| Town/City: | Sunderland |
| Property type | Retail |
| Planning use | E Class |
Rent: £45,000
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Attractive historic Northumberland market town
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Most prominent unit in the town centre with significant frontage
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Ground floor NIA 131.90 sqm (1,420 sqft)
Nearby occupies include Newcastle Building Society, Card Factory, Yorkshire Trading Co, Trespass, Greggs alongside a number of established local retailers.
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