Property for sale
Key information
Property description & features
St Thomas Street lies between the intersections of Fawcett Street and John Street within the desirable Sunniside Conservation Area in Sunderland City Centre.
Sunderland City centre is anchored by The Bridges Indoor Shopping Mall within which national multiples are represented such as River Island, H&M, Holland & Barrett and Boots.
Historically, Fawcett Street was the principal shopping parade in Sunderland housing a variety of department stores, and in more recent years the accommodation has diversified to a broader range of local retailer, leisure and residential uses.
The property is near to excellent transport links, lying just south of the A183 and Wearmouth Bridge, offering good access to the A1018 as well as the A19 to the West. Sunderland Railway Station is moments away and has recently been the subject of a £26 million redevelopment program. Metro links are also just a short walk away with fast accessability to Newcastle upon Tyne, as well as numerous local bus routes accessible on John St.
Sunderland City centre is currently undergoing a significant transformation underpinned by the Riverside Sunderland development which has seen over 100,000 sq.ft. of Grade A office space newly developed with commitment from Ocado and Royal Sun Alliance. Further information upon the transformation of the city can be found at:
DESCRIPTION
A commercial portfolio situated within Sunderland City Centre. Occupies four separate retail units, all let to local retailers and located to the ground floor. Asset management potential.
ACCOMMODATION
Unit 1 48.5 sq m (522 sq ft)
Unit 2 95 sq m (1022 sq ft)
Unit 3 93.7 sq m (1008 sq ft)
Unit 4 93.3 sq m (1004 sq ft)
Total 330.5 sq m (3557 sq ft)
RATING ASSESSMENT
Description RV Estimated Rates Payable
Unit 1 £12,250 £6,113
Unit 2 £12,250 £6,113
Unit 3 £10,750 £5,364
Unit 4 £13,250 £6,611
May qualify for small business rates relief.
EPC RATING
To be confirmed
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Helen Wall at Bradley Hall.
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*DISCLAIMER
Property reference SND230023. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall - Durham.
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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