Retail premises to let in Fawcett Street, Sunderland SR1

£30,000 pa (£4.01/sq. ft. pa)
Retail premises to let 12,458 sq. ft*
Interested in this property? Call +44 191 686 9796 * or Request Details

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

Property description

Location


The subject property is located on Fawcett Street in the centre of Sunderland. Fawcett Street is a main shopping street in Sunderland and benefits from having various national retailers nearby, such as Lloyds Bank and Barclays Bank also the Bridges Shopping Centre which is less than 0.2 miles away.

The property is situated in a high footfall area with good passing trade, due to the direct bus routes and Sunderland Train Station being a short distance away.


Description


The subject property comprises a large terrace retail unit with storage space which is arranged over basement, ground, first and second floors.

Externally, the property benefits from a large glass frontage and roller shutter doors.

Internally, the ground and first floors benefit from retail space and the basement and second floor have been utilised as storage space.

The property may be suitable for a variety of uses STPP.


Accommodation


Ground Floor 270.6m² (2,912ft²)
First Floor 294.3m² (3,167ft²)
Second Floor 298.6m² (3,214ft²)
Basement 293.9m² (3,163ft²)
Total 1,157.4m² (12,458ft²)


Rating assessment


Description rv Estimated Rates Payable
Shop and £47,500 £22,800
Premises
We are advised that the rateable value of the premises as at 1 April 2017 is £47,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.


EPC rating


Awaiting EPC Rating.


Terms


The subject property is available by way of new full repairing and insuring (Fri) lease with terms to be agreed at £30,000 (Thirty Thousand Pounds) per annum.


VAT


All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.


Legal costs


Each party is to bear their own legal costs involved in the transaction.


Money laundering regulations


In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.


Viewing


For general enquiries and viewing arrangements please contact Joseph i’Anson or Anthony Barella at Bradley Hall.

Tel: Email:

Property info

  • Unfurnished

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

Arrange Viewing

For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)

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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 Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall 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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