Retail premises to let in Whitburn Road, Seaburn SR6

Non-quoting
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Retail premises to let

400 sq. ft*

Property description

The stack Seaburn is a contemporary solution that is a proven concept which supports the regeneration of an area and injects vibrancy into the community.

The stack Seaburn development will optimise location, occasion and channels to connect with the community and attract customers.

The container village will provide a unique space for enhanced lifestyle experiences with a focus on community wellbeing, socialising, events and a mix of independent street food and casual dining options.

Location
Seaburn has seen waves of improvements in recent years, with a programme of work and future proposals set to create a vibrant seaside destination for all to enjoy.

The area was enhanced with stunning landscaping works to the promenade, with new sculptures and public art creating a more attractive seafront vista.

Seaburn’s sister resort of Roker has also been brought back to life with a range of cafes and eateries at Pier Point, as well as a major project to restore the city’s lighthouse, creating a vibrant new destination for people from in and around the city.

In July this year, Sunderland’s seaside received a further boost, with £820k committed to regenerating under-used and historic buildings along the Seaburn and Roker promenade.
Plans will see a former toilet block at Roker, along with the former Bay Shelter and the old tram shelter at Seaburn, transformed into cafés and restaurants, and plans are also afoot for 12 beach huts along the seafront. There will also be upgrades to the infrastructure of Seaburn Camp to make it better for touring caravans.

Proposals were announced in the summer for an inn with rooms from North East based Inn Collection Group, something that – if given the green light – will get underway in 2020.
About stack

stack Newcastle opened in August 2018 on Pilgrim Street at the bottom of the busy Northumberland Street in Newcastle city centre. In the first year of operation the development attracted over 1.2 million visitors.

Made from over 50 shipping containers the scheme offers a tasty mix of street food operators including vegan, Texan and Korean cuisines. The exterior containers are home to a variety of local retail and lifestyle operators which include a tailor, pet shop and yoga studios.

Stack Seaburn will be the second development of this kind delivered by the Danieli Group. The scheme will be constructed in two phases.

Phase 1 - Container Village

Phase 1 will be delivered in spring 2020 and will consist of over 40 containers. This will create the food, bar and retail space around the central plaza area over two floors.

Phase 2 - Wedding Venue & Competitive Socialising arena

Phase 2 will consist of a modern wedding venue on the upper level at the back of the scheme. On the ground floor there will be a large arena fitted out with a variety of interactive activities such as darts, mini golf, karaoke booths and shuffleboard.

Retail Units

Retail units are available on the ground floor of the stack scheme. Units have been created from 40ft & 20ft shipping containers providing 370sq ft and 130sq ft of space to create your business destination.

The retail space at stack Seaburn is perfectly suited to lifestyle businesses that potentially offer a service or experience, ideally providing the consumer with something that’s not available online.

Potential retailers should consider how their business will operate at the coastal location all year round, attract customers from the surrounding residential areas and capitalise on the visitors who have come for food, drink and entertainment in the plaza area.

Stack Seaburn is a destination leisure development and will be marketed to attract visitors from across the region and nationally. The retail units must fit in with the overall scheme and provide a quality offer that adds to the overall leisure attraction.

Food Units

Food units are available on the ground floor and upper level of the stack scheme. Units have been created from 40ft & 20ft shipping containers providing 370sq ft and 130sq ft of space to create your business destination.

The food units at stack Seaburn are ideally suited to street food and casual dinning operators, serving from a hatch to customers who can then take their food to eat in the communal plaza and decked areas.

Stack Seaburn is a destination leisure development and will be marketed to attract visitors from across the region and nationally. The food units must fit in with the overall scheme and provide a quality offer that adds to the overall leisure attraction.
Percentage Lease

Food operators will be charged a minimum annual base rent and then a further 10% of net turnover rent once the natural threshold has been reached.

Costs & payments
Lease & Payment Terms

Retail Operators
All retail units will pay annual rent and Service Charge A and B, fit out costs (see pg 11) and utility bills.
Rent and service charges are to be paid monthly in advance by Direct Debit.

Food Operators
Food units are let under a Percentage Lease Agreement. They are required to pay a Base Rent and 10 percent of turnover on all gross earnings above the breakpoint.
Rent and service charges are to be paid monthly in advance by Direct Debit.

Food tenants will pay only base rent until they have an annual income greater than the 'breakpoint value'. If the income surpasses the breakpoint, the percent rent is only the portion that has not already paid.

Lease Term is 7.5 years with a 5 year rent review linked to rpi.

Due to the nature of the business being a temporary scheme, the lease operates outside of The Landlord and Tenant Act 1954, this is simply because we only have a 7.5 year lease and all operators will have to vacate the site at the end of the term. In essence the architectural property will not exist after the term ends.

Utilities

All units will have a supply of water, electric and gas (gas where applicable).
There will be a supply maximum and all units will be fitted with check meters.
Danieli Group will charge for utilities monthly in arrears, collected by direct debit.
Fit Out & Specification - Retail Units
The retail shipping container units will be fully insulated, lined and boarded out to ensure they are wind and water tight.
The unit will come complete with any necessary glazing, electrical distribution board, water supply and foul waste disposal outlets.
Standard electrical sockets and lighting will be provided along with all necessary certification. A basic plywood floor will provide a suitable foundation ready for the tenant to provide a shop fit flooring finish.
Unit signage can be branded by the tenant but it is to be procured through the landlords signage contractor. This is to ensure the overall look and feel of the space is not compromised.
All units are fitted with CCTV cameras to ensure the safety & security of employees and customers.
The following fees are charged to retail operators for the for the above fit out provision

Boarding out and Distribution board @ £2,500 + vat
Provision of electrical sockets and lighting @ £1,500 + vat
Branded illuminated signage @ £1000 + vat
Fit Out & Specification - Food Units

The retail shipping container units will be fully insulated, lined and boarded out to ensure they are wind and water tight.
The unit will come complete with any necessary glazing, electrical distribution board, water supply and foul waste disposal outlets.
Standard electrical sockets and lighting will be provided along with all necessary certification. A basic plywood floor will provide a suitable foundation ready for the tenant to provide a shop fit flooring finish.
All units are fitted with CCTV cameras to ensure the safety & security of employees and customers.
All food units will be fitted out with a full extraction system complete with extraction hood, gas supply and gas interlock system.
To ensure transparency and that the turnover rates are complicit, food units will be required to use the 'stack' till systems.
Unit signage can be branded by the tenant but it is to be procured through the landlords signage contractor. This is to ensure the overall look and feel of the space is not compromised.
Food operators are provided with shared storage units for dry store and freezers, which are supplied inclusive of rent and service charge.
The following fees are charged to food operators for the above fit out provision :

Boarding out and Distribution board @ £2,500 + vat
Provision of electrical sockets and lighting @ £1,500 + vat
Extraction and gas interlocking sytem @ £6,700 + vat
Installation and license for the Zonal tills @ £850 + vat
Branded illuminated signage @ £1000 + vat
Service Charge

A commercial service charge is applied to deal with the costs associated with the administrative and operational management of the overall stack scheme.

Licenses
Sale of alcohol by tenants
The sale of alcohol for on-site consumption is prohibited by tenants. All alcohol must be purchased from the onsite bars which are operated by the Danieli Group.

Music & Entertainment
An overarching licence is held by the operators of the site to play music and provide entertainment in the communal plaza areas.

Business Rates
Where demanded, tenants are responsible for paying any business rates due.

Some occupiers may benefit from Small Business Rates Relief however, interested parties should confirm the position with Local Authority.

Tenant Application
The following application process for tenants will be adhered to:
Expression of Interest Form to be completed by all interested traders
This will be reviewed and if the business prospect is suitable they will be sent:
Tenant Application Form to be completed and returned by 29 November 2019
Applications will be reviewed and the next stage is for prospective tenants to be invited in for a short interview to answer any queries raised in the application process.
Tenant Interviews planned for week commencing 9 December 2019 Successful tenants will be sent all legal documentation and lease to sign.

Unit Deposit
To secure a unit a non-refundable deposit of £2,800 + vat will be required. The deposit will be credited back against fit out and specifications costs.

Guarantee Covenants
Each tenant’s trading history will be reviewed and the need for a guarantor or a rent deposit will be assessed on a case by case basis.

Property info

  • Unfurnished

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

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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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