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No longer on the market

This property is no longer on the market

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Property

Property
Added > 14 days

Features and description

  • City centre retail unit
  • Two storey double fronted unit
  • Highly prominent frontage
  • 50m from The Bridges shopping centtre
  • 200m from Park Lane Interchange
  • £14,500 PA by way of new lease
Description

A purpose-built two storey double fronted retail shop unit with first floor storage/offices/showroom and providing a prominent window frontage within the heart of Sunderland's city centre, being only 50m from The Bridges shopping centre and 200m from Park Lane Interchange. An ideal cafe opportunity/ Tapas bar / hairdressers etc.

Accommodation: the property briefly comprises:

Ground floor retail - 66m2
First floor storage - 49m2
First floor kitchen - 6m2

Location - Maritime Street is a busy pedestrianised city centre retail location within the heart of Sunderland City Centre. A number of National Traders are represented nearby including TX Maxx and Greggs.

Accommodation - The property briefly comprises;

Ground floor retail - 66m2
First floor storage - 49m2
First floor kitchen - 6m2

Tenure - A new lease is available at a commencing annual rental of £14,500 for a term of years to be agreed.

Costs - Each party will be responsible for their own legal fees incurred in the transaction.

Viewing - Contact Paul Airey or Emma Owens:

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Rateable Value - The Valuation Office Agency has confirmed the rateable values as follows:

£27,500 (Twenty seven thousand five hundred pounds)

Business Rates - The Uniform Business Rate for the Rates Year 2020/2021 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Money Laundering Regulations - In accordance with Anti-Money laundering regulations, the tenant will be required to provide two forms of identification together with confirmation of the source of funding.

Property information from this agent

Area statistics

Crime score
High crime
10/10

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