Retail premises to let in Pennywell Shopping Centre, Sunderland SR4

Location

Pennywell Shopping Centre is located within Pennywell in Sunder-land. A community focal point, the centre receives busy trade dai-ly.

Pennywell is located 2 miles from Sunderland City Centre and 9 miles from Newcastle upon Tyne. The premises enjoy excellent transport links, situated 1 mile from the A19.

Surrounding occupiers within the centre include strong covenants such as Iceland, Asda, Greggs and Coral bookmakers. Local cove-nants include a beauty clinic, optometrist and a fruit and vegetable shop.

Description and accommodation

The proposal comprises the erection of a new build, 5,000ft², open plan retail unit to shell specification. The unit may be available in whole or in part with proposals invited.

The development is subject to obtaining planning permission, and the unit may be suitable for a variety of uses, subject to necessary change of use.

Rating assessment

The rateable value is to be assessed upon completion of the construction.

EPC rating

An EPC will be commissioned upon completion of the unit.

Terms

The unit will be available by way of a new lease with terms to be agreed. The rent is available on application.

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 Nicholas Bramwell or Michael McGhin at Bradley Hall.

Tel: Email:

Tel: Email: