Restaurant/cafe to let in 137 High Street West, Sunderland SR1

Location
Blandford Street is a secondary pedestrianised city centre retailing location linking Waterloo Place with Crowtree Road and Park Lane. A number of national traders are represented nearby including Home Bargains (immediately opposite), Heron Foods and Betfred. The location of the property is shown on the attached Goad Plan.

Description
The premises are predominantly arranged over ground floor providing café area, kitchen and WC facilities together with a separate small storeroom located at first floor level.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor
Café/Seating area 1493 138.70

Kitchen/Stores 354 32.89

WC’s/Baby change
First Floor
Stores 169 15.70

Tenure
A new Lease is available at a commencing annual rental of £9,000 plus VAT for a term of years to be agreed (minimum 3 years). The tenant is responsible for internal repairs and decoration (including the shop front) and reimbursement of the annual building’s insurance. A rent deposit may be required subject to tenant status.

Service Charge
The property forms part of a larger block of properties and a service charge is payable on an ad hoc basis in respect of external repairs in common with the other tenants.

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
We are advised that VAT is applicable to the rent.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £29,500. The Uniform Business Rate for the Rates Year 2022/2023 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.

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 C4077 EPC Energy Rating C