Rent: £17,500 - £17,500
Region: Tyne and Wear
St Luke’s Terrace is a busy retail thoroughfare approximately 2 miles from the heart of Sunderland City Centre. The area is predominantly residential in nature with St Luke’s Terrace forming the retail heart of the Pallion area. The location is well served by public transport facilities with regular bus services to the city centre and a Metro Station situated immediately to the north.
The subject premises are located in the centre of the street with on street parking directly opposite and nearby retailers including Subway, Greggs, Bet Fred, Heron Foods and the Post Office to name but a few.
The unit provides the following approximate areas and dimensions:-
|Internal Width||6.39 m||21 ft|
|Sales Depth||10.79 m||35 ft 5”|
|Built-Depth||19.6m||64 ft 4”|
|Ground Floor NIA||83.07 sq m||894 sq ft|
To the rear is a self-enclosed yard
The property is available at a new full repairing and insuring lease for a term of years to be agreed. Rental offers in excess of £17,500 per annum exclusive of rates, building insurance and all other outgoings are sought.
Alternatively, the property is available on a freehold basis. Further details available upon request.
We understand the premises currently has the benefit of an A5 hot food take away consent. Interested parties should make their own enquiries to Sunderland Council Planning Department to satisfy themselves in respect to any planning matters.
We are advised the premises are assessed for rating purposes as follows –
|Rates Payable 2019/20||£4,419|
Interested parties may qualify for full rates relief. Further information available upon request. Alternatively, this information should be verified with the Local Rating Authority at Sunderland City Council, telephone 0191 520 5554.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Rating for the property is C67.
Each party will be responsible for their own legal costs incurred in connection with this transaction.
All figures quoted in these particulars are exclusive of any VAT that may be payable.
Strictly by prior appointment through sole agents, @retail:-
DD: 0191 280 4236
Mob: 07515 831 417
DD: 0191 280 4239
Mob: 07713 151 970
Property type: Retail
Rateable value: £9,000
Planning use: A1 & A5
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