£7,000 pa
(£13.75/sq. ft. pa)
Retail premises to letEast Cross Street, Sunderland SR1
509 sq. ft
Available immediately
Unfurnished
About this property
Well-presented lock up shop unit
Totalling 509 ft2 (47.29 m2)
Located on fringe of City Centre
Within Sunniside Regeneration Area
Close to planned new housing scheme
Location
East Cross Street is located on the fringe of Sunderland city centre just off High Street West within the Sunniside Area. The property forms part of a larger block of properties and is located close to Sunniside Leisure and multi-storey. A new housing scheme opposite has recently obtained planning consent with work due to commence providing approximately 75 new dwellings.
Further information can be found here
Description
The property comprises compact double fronted lock up unit arranged over ground floor only.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Sales 482 44.78
Kitchen 27 2.51
WC
Tenure
A new Lease is available at a commencing annual rental of £7,000 for a term of years to be agreed (minimum 3 years) on an effective Fri basis subject to 3 yearly Rent Reviews. The lease will be outside the Landlord and Tenant Act 1954.
VAT
The rent is not subject to VAT
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 £7,400. 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
C4268
EPC
Energy Rating 108/E
East Cross Street is located on the fringe of Sunderland city centre just off High Street West within the Sunniside Area. The property forms part of a larger block of properties and is located close to Sunniside Leisure and multi-storey. A new housing scheme opposite has recently obtained planning consent with work due to commence providing approximately 75 new dwellings.
Further information can be found here
Description
The property comprises compact double fronted lock up unit arranged over ground floor only.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Sales 482 44.78
Kitchen 27 2.51
WC
Tenure
A new Lease is available at a commencing annual rental of £7,000 for a term of years to be agreed (minimum 3 years) on an effective Fri basis subject to 3 yearly Rent Reviews. The lease will be outside the Landlord and Tenant Act 1954.
VAT
The rent is not subject to VAT
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 £7,400. 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
C4268
EPC
Energy Rating 108/E
.png){kind=logo}