Rent: £5,000 - £5,000
Region: Tyne and Wear
The property is situated close to the junction between Roker Avenue and the A1018, which is one of the main routes into Sunderland town centre from the North. The premises are made up of the ground floor element of a traditional mid terraced brick-built property with residential accommodation above.
Arranged over ground floor only with kitchen and staff WC facilities.
|Ground Floor Sales||43m²||460ft²|
The premises are occupied by way of an existing effective FRI lease expiring 14th April 2027 at a passing rental of £5,000 per annum exclusive. There is a break option on 14th April 2022 subject to giving the landlord a minimum of 6 months’ notice.
Short-Term Deals and a New Lease subject to Surrender will be considered subject to negotiation.
The property has an Energy Performance Certificate of Band F (141). A copy of the EPC is available upon request.
|Estimated Rates Payable||£2,070|
Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
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.
For enquiries, viewing, and general information, please contact:
T: 0191 280 4237
M: 07949 938210
Property type: Retail
Rateable value: £4150
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