Retail premises to let in Murton Street, Sunderland SR1

Location
Murton Street is located just off Toward Road on the immediate fringe of Sunderland City Centre close to Tavistock Place. The property is situated immediately to the rear of Software City and within walking distance of the main professional area.

Description
The building has been substantially refurbished in recent years and provides good open plan floor space arranged over 3 floors. The property benefits from ample secure parking to both the front and rear of the building and would suit a variety of uses including nursery, health & fitness, dance studio, offices and semi retail etc.

Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Room 1108 102.93

First Floor
Room 1385 128.67

Lower Ground Floor
Rooms 1319 122.54

total 3812 354.13

Externally
Parking to front and rear

Tenure
A new Lease is available at a commencing annual rental of £14,000 for a term of years to be agreed (minimum 3 years) on a tenant Fri basis subject to 3 yearly Rent Reviews.

VAT

The property is not subject to VAT.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Mario Jaconelli or Alexa Reavley

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• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £6,000. The Uniform Business Rate for the Rates Year 2024/2025 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.

Ref
C4244

EPC

Energy Rating 81/D