Retail premises to let in Basement 58 John Street, Sunderland SR1
£4,950 pa (£7.00/sq. ft. pa)
Interested in this property?
Call +44 191 723 0021 *
* Calls to this number will be recorded for quality, compliance and training purposes.
- Former Beauty Salon Premises
- City Centre location
- Self contained access
- Totalling 707 ft2 (66 m2)
- Suit variety of uses including retail
- Close to St Thomas Street junction
The property is mid terraced and is within close proximity to the Museum and Winter Gardens. John Street forms part of the Sunniside Area which has attracted alternative operators including niche fashion retailers, bars, restaurants and coffee shops. City living has also been introduced with development of apartments within West Sunniside, St Thomas Street, John Street and Borough Road.
The property is self-contained having steps leading down from John Street and has previously been occupied as a beauty salon but may suit a variety of alternative uses including retail and offices subject to any consents. The upper floors are occupied by Harding’s Solicitors.
A new Lease is available at a commencing annual rental of £4,950 for a term of years to be agreed (minimum 3 years) subject to 3 yearly Rent Reviews. The lease will be on an effective full repairing and insuring basis with service charge provisions.
Each party will be responsible for their own Legal Fees incurred in the transaction.
Contact – Mario Jaconelli or Alexa Reavley
Figures quoted exclude VAT where chargeable.
The Valuation Office has confirmed the Rateable Value(s) as follows:
Beauty Salon and Premises £5,400
The Uniform Business Rate for the Rates Year 2019/2020 is 50.4p (if over £51,000) 49.1p (if under £51,000). 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.
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.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
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.
View all John Street commercial properties to let