Retail premises to let in Ground Floor 3 Maritme Terrace, Sunderland SR1
From £15,000 pa (£137.61/sq. ft. pa)
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Call +44 191 723 0021 *
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- City centre premises
- Busy pedestrianised retail location
- Bridges Shopping Centre nearby
Maritime Terrace is a continuation of Blandford Street which is a busy pedestrianised shopping street within Sunderland city centre linking Waterloo Place with Crowtree Road. The location is shown on the attached Goad plan.
The premises comprise compact ground floor retail premises with modern display and electrically operated roller shutter and would suit a variety of retail uses. Dickson’s have occupied the property for a number of years and therefore the premises benefit from tiled walls and floor and would and would therefore ready for immediate occupation for a similar user.
The property briefly comprises as follows:-
Ground Floor ft m
Sales Area Internal Width 15’2” 4.62
Sales Depth 13’0 3.96
Sales Area 390 36.23
Rear Store (overall) 109 10.13
A new Lease is available at a commencing annual rental of £15,000 for a term of years to be agreed (minimum 5 years) on an effective Fri basis with service charge provisions subject to 5 yearly Rent Reviews
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 £14,000. 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.
To be provided
* 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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