Office to let in Ground Floor Arngrove House, 1-2 Frederick Street, Sunderland SR1
£15,000 pa (£9.21/sq. ft. pa)
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Call +44 191 723 0021 *
* Calls to this number will be recorded for quality, compliance and training purposes.
- Well-presented ground floor office suite
- Located in the heart of the main professional area
- Level access from Frederick Street
- Open plan layout nia 1628 ft2 (151.24 m2)
- Formerly occupied by Swinton Insurance
- May also suit retail uses
Arngrove House is located at the junction of Frederick Street and St Thomas Street immediately adjacent to Richard Reed Solicitors in the heart of the main professional area. Other nearby professional occupiers include Solicitors, Surveyors and Estate Agents together with an increasing mix of specialist independent retailers and residential apartments forming part of the wider Sunniside Area.
The premises are arranged on Ground floor and have extensive prominent frontage to both Frederick Street and St Thomas Street being largely open plan. Additional office space is available on the first and second floors if required. The upper floors have independent access from Frederick Street however it would be possible to combine the accommodation to meet individual occupiers’ requirements. Full details on request.
The property briefly comprises as follows:-
Offices nia 1628 151.24
A new Lease is available at a commencing annual rental of £15,000 for a term of years to be agreed on an effective Fri 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.
Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is
Ground & Part First Floor £15,250
Part First Floor
Note this assessment is likely to be reduced as previously an office on the first floor was included with the assessment which will require removal by the Valuation Office Agency.
The Uniform Business Rate for the Rates Year 2021/2022 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.
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.
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