Retail premises to let in Bridge Street, Sunderland SR1

Location
The property is situated on Bridge Street which is a continuation of Fawcett Street within Sunderland City Centre. The immediate area is in mixed use comprising retail, leisure and offices together with multi occupied residential on upper floors.

Description
Fully refurbished and very well presented ground floor sales accommodation which benefits from a period style timber shop front and door, fully tiled floor and painted plastered walls and ceiling and is literally ready to move in to. There is also additional storage in the basement. Would suit a number of different businesses.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor ft m
Sales Area Max Internal Width 18’3 5.57
Deceasing to 16’7 5.09
Sales Depth 32’9 10.02
Sales Area 564 52.40

Basement
Stores

Tenure
A new Lease is available at a commencing annual rental of £18,000 for a term of years to be agreed (minimum 3 years) on an effective Fri basis subject to 3 yearly Rent Reviews.

VAT

Figures quoted exclude VAT where chargeable.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Marc Weaver or Alexa Reavley

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• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £8,300. The Uniform Business Rate for the Rates Year 2024/2025 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
C4249

EPC

Energy Rating 97/D