Retail premises to let in 241 High Street West, Sunderland SR1
* Calls to this number will be recorded for quality, compliance and training purposes.
- Prominent city centre retail premises
- Corner position with return frontage to Union St.
- Close to McDonalds and immediately adj. To new gdk
- Ground floor sales 1622 ft2 (150.68 m2)
- Suit variety of uses including café/retail
- Rent reduced to £15,000 pax
High Street West is a pedestrianised secondary retail pitch within the city centre. The property is prominently located at the junction of Union Street adjacent to the new gdk store and opposite Poundland, Sports Direct and M&S. Other occupiers of note include Marks & Spencer, Sports Direct, Trespass, Dominos and McDonalds.
The premises are arranged over ground floor and have been occupied as a café for several years benefiting from extensive return frontage to Union Street. Additional upper floor storage is available if required.
The property briefly comprises as follows:-
Ground Floor ft m
Sales Area Internal Width 21’6” 6.58
Sales Area 1622 150.68
Stores 89 8.27
WC 54 5.02
A new Lease is available at a commencing annual rental of £15,000 for a term of years to be agreed Fri basis subject to 5 yearly Rent Reviews. The lease will exclude the provisions of the landlord and tenant act 1954.
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 £24,500. 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.
Energy Rating D
Fixtures and Fittings
A new lease is offered by the landlord however the outgoing tenant has indicated that he may be willing to consider a sale of the furnishings, fixtures and fittings by separate negotiation if required.
rk Real Estate
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Lofthouse and Partners Ltd, SR1 on +44 191 723 0021 * (local rate)
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.