Retail property (high street) to rent
Property description & features
- TO LET
- GROUND FLOOR
- RETAIL SHOP
- City centre retail premises with A5 hot food consent
- Pedestrianised retail location
- Fully fitted as takeaway/sandwich shop
- Tiled throughout - upgraded power & extraction system
- Ground floor only totalling 535 ft2 (49.70m2)
- Close to Crowtree Rd and Bridges Shopping Centre
Location - Maritime Terrace is a continuation of Blandford Street which is a busy pedestrianised shopping street within Sunderland city centre linking Waterloo Place with Crowtree Road close to The Bridges Shopping centre. The location is shown on the attached Goad plan.
Description - The premises comprise compact ground floor retail premises with modern display and electrically operated roller shutter.
Planning - Planning consent for hot food takeaway was granted on 2nd August 1996 under application reference 96/00999/10. The premises were extensively fitted by a former tenant including new shop front with electrically operated security shutters, fully tiled floors and walls together with extraction system and commercial electricity supply.
Accommodation - The property briefly comprises as follows:-
Ground Floor ft m
Sales Area
Internal Width
15'2" 4.62
Sales Depth
13'0 3.96
Sales Area
36.23
Rear Store (overall)
10.13
Kitchen
3.34
ft2
390 109
Leasehold - A new lease is available at a commencing annual rental of £10,000 for a term of years to be agreed (minimum 3 years) subject to 3 yearly Rent Reviews. A rental deposit may be required subject to status.
Costs - Each party will be responsible for their own Legal Fees incurred in the transaction.
Vat - The rent is not subject to VAT.
Rateable Value (Rv) - The Valuation Office has confirmed the Rateable Value is £10,750. The Uniform Business Rate for the Rates Year 2023/2024 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation. Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non- domestic rating department of the Local Authority for clarification
Money Laundering Regulations - In accordance with Anti -Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer - None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Epc - Energy Rating 91/D
Viewing - Contact - Mario Jaconelli or Alexa Reavley
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