Retail premises to let in Frederick Street, Sunderland SR1
£5,000 pa (£10.48/sq. ft. pa)
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The subject property is located on Frederick Street in Sunderland city centre. Frederick Street is situated in a popular and established business and retail location with local occupiers including Wearside Orthodontic Centre, Middleton Jewellery Repairs and The Big Bear Cakery.
Frederick Street is situated towards the east of the city centre, within easy reach of the A1018 which is 0.3 miles away and the A184, which is 0.6 miles away.
The Bridges Shopping Centre, which is the main retail destination in the city centre, is 0.3 miles away. The property is also within 0.2 miles of Sunniside which is a popular leisure destination in the city centre with occupiers including Empire Cinemas, Nando’s, Sunderland Bowl, Infinity Pizza and Kaspa’s Desserts.
The subject property comprises a retail unit as basement level with stair access. The newly furnished property comprises of a main open plan area, separate work area/ office and WC. The accommodation has recently been fully renovated to a high standard offering light and modern retail space throughout.
Basement 44.3m² 477ft²
Description rv Estimated Rates Payable
Workshop and Premises £4,450 £2,184.95
We are advised that the rateable value of the premises as at 1 April 2017 is £4,450 and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 49.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
The property is available by way of a new lease with terms to be agreed at £5,000 (Five Thousand Pounds) per annum.
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.
Each party is to bear their own legal costs involved in the transaction.
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.
* 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 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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