Retail premises to let in 6 Signal House, 25 Waterloo Place, Sunderland SR1

From £12,000 pa (£31.06/sq. ft. pa)
Retail premises to let From 483 - 1,019 sq. ft*
Interested in this property? Call +44 191 723 0021 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • City centre retail premises
  • Ground floor sales 1019 ft2 (94.67 m2)
  • First floor ancillary 483 ft2 (44.87 m2)
  • Part of modern development
  • Adjacent to Sunderland Railway Station
  • 1 allocated car parking space
  • Incentives available

Property description

Location
The property is located within the City Centre forming part of a larger modern block where nearby occupiers include William Hill, Specsavers, Coral, Dawson & Sanderson and Northumbria Police (adjacent). The premises are within close proximity of Sunderland Railway Station and are shown for identification purposes only on the attached Goad Plan.

Description
The property is arranged over 2 floors comprising well presented sales accommodation on the ground floor which presently incorporates 3 private offices however could be removed to create an open plan sales area. On the first floor there are 2 offices together with kitchen and washroom facilities and to the rear of the building there is a shared service area within which there is one allocated car parking space.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor ft m
Sales Area Internal Width 18’6” 5.66
Max Sales Depth 58’0” 17.67
Sales Area 1019 94.67

First Floor
Offices/Ancillary 483 44.87

WC’s
Externally
Shared loading area to rear. 1 allocated car parking space.

Tenure
A new Lease is available at a commencing annual rental of £12,000 for a term of years to be agreed on an effective Fri basis with service charge provisions.

Code of Practice
The Landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales. Alternative lease terms are available upon request. A copy of the Code can be obtained from the Royal Institution of Chartered Surveyors, 12 Great George Street, Parliament Square. London, SW1P 3AD Tel:, Fax: Or alternatively from the website:

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

Viewing
Contact – Mario Jaconelli or Alexa Reavley


VAT


Figures quoted exclude VAT where chargeable.

Rateable Value
The Valuation Office has confirmed the Rateable Value(s) as follows:

Shop and Premises £11,750
The Uniform Business Rate for the Rates Year 2018/2019 is 48.0p. If necessary a written request should be made to the Local Authority for confirmation.

Based upon this assessment and subject to meeting certain criteria a tenant may be eligible for 100% Business Rates relief. Please contact Sunderland City Councils non domestic rating department for clarification on 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.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Lofthouse and Partners Ltd, SR1 on +44 191 723 0021 * (local rate)

Contact Lofthouse and Partners Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lofthouse and Partners Ltd, and do not constitute property particulars. Please contact Lofthouse and Partners Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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