Office to let in Office Suites, 44 Frederick Street, Sunderland SR1

Location
The property is prominently located at the junction of Frederick Street and Atheneum Street situated within the heart of the main professional area close to a number of firms of Surveyors, Estate Agents and Solicitors etc including Dowens, Hacketts, and Martin & Co amongst others. The impressive Sunniside Gardens is located within easy walking distance together with the rail and metro station, main shopping areas and bus-stops.

Description
The suites form part of a larger building arranged over 3 floors with a shared entrance. The first floor is occupied by Adecco.

Accommodation
The property briefly comprises as follows:-
ft2 m2

Ground floor suite

Shared entrance
Offices 793 73.67

Lower ground floor suite

Offices/kitchen 782 72.65

Externally
1 car parking space allocated per suite to the rear of the building.

Tenure
New Leases are available For a term of years to be agreed (minimum 3 years) on an effective basis subject to 3 yearly Rent Reviews as follows:-

Ground Floor Suite £7,000 pax
Lower Ground Floor Suite £5,000 pax

Service Charge
Subject to service charge covering the cost of electricity, gas, cleaning, maintenance and decoration of the common parts, gutter cleans, external general repairs and decoration. The service charge cost is £1,132.08 per quarter per floor.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Mario Jaconelli or Alexa Reavley

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• VAT
The rent is not subject to VAT.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Values are:
Ground Floor £7,300
Lower Ground Floor £2,900
The Uniform Business Rate for the Rates Year 2024/2025 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.

Disclaimer
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.

Ref C4070 EPC Ground Floor Energy Rating 71/C
Basement Energy Rating 67/C