Retail premises to let in 5B Signal House, Waterloo Place, Sunderland SR1
From £12,000 pa (£21.20/sq. ft. pa)
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Call +44 191 723 0021 *
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- City centre retail premises
- Ground floor sales 1017 ft2 (94.49 m2)
- First floor storage 566 ft2 (52.58 m2)
- Adjacent to Sunderland Railway Station
- Nearby occupiers Specsavers, Coral and Santander
- Potential qualification for nil Business rates*
The property is located within the City Centre forming part of a larger modern block where nearby occupiers include William Hill, Specsavers, Coral and Northumbria Police. The premises are within close proximity of Sunderland Railway Station and The Bridges Shopping Centre.
The premises are very well presented throughout having been previously occupied by Grainger Games comprising ground floor sales shop with storage at first floor level.
The property briefly comprises as follows:-
Ground Floor ft m
Sales Area Internal Width 18’10 5.51
Sales Depth 57’6 17.55
Sales Area 1017 94.48
Storage 566 52.58
A new Lease is available at a commencing annual rental of £12,000 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 £11,750. 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.
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.
Energy Rating C
* 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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