£7,800 pa
(£25.57/sq. ft. pa)
Retail premises to letOlive Street, Sunderland SR1
668 sq. ft
Just added
Available immediately
About this property
Refurbished retail premises
City centre location
Close to Park Lane Interchange and City Campus
Totalling 668 ft2 (62.06 m2)
Close to Hays Travel and Fretta by Ruhe
Suit variety of uses
Location
Olive Street is situated on the Western fringe of the City Centre close to its junction with Stockton Road. The property sits adjacent to the admin offices of Hays Travel and other nearby occupiers include Fretta by Ruhe, City Campus and Amy Bam hair and beauty.
Description
The property was refurbished in June 2026 comprising well-presented sales area with ancillary accommodation to the rear. The premises are arranged over ground floor only.
Accommodation
The property briefly comprises as follows:-
ground floor ft m ft2 m2
Sales Area Internal Width 13’5” 4.09
Sales Depth 23’2” 7.06
Sales Area 305 28.33
Rear Sales Area 129 11.98
Store 154 14.31
WC
Tenure
A new Lease is available at a commencing annual rental of £7,800 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 – Mario Jaconelli or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £6,600. The Uniform Business Rate for the Rates Year 2026/2027 is 38.2 p. 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
C4361
EPC
We are advised the property forms part of a listed building and is therefore exempt from an EPC assessment.
Olive Street is situated on the Western fringe of the City Centre close to its junction with Stockton Road. The property sits adjacent to the admin offices of Hays Travel and other nearby occupiers include Fretta by Ruhe, City Campus and Amy Bam hair and beauty.
Description
The property was refurbished in June 2026 comprising well-presented sales area with ancillary accommodation to the rear. The premises are arranged over ground floor only.
Accommodation
The property briefly comprises as follows:-
ground floor ft m ft2 m2
Sales Area Internal Width 13’5” 4.09
Sales Depth 23’2” 7.06
Sales Area 305 28.33
Rear Sales Area 129 11.98
Store 154 14.31
WC
Tenure
A new Lease is available at a commencing annual rental of £7,800 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 – Mario Jaconelli or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £6,600. The Uniform Business Rate for the Rates Year 2026/2027 is 38.2 p. 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
C4361
EPC
We are advised the property forms part of a listed building and is therefore exempt from an EPC assessment.
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