£12,500 pa
(£11.16/sq. ft. pa)
Retail premises to letSt Lukes Terrace, Pallion, Sunderland SR4
1,120 sq. ft
Just added
Available immediately
About this property
Suburban retail unit in prime position adj. To Dicksons
Extensively refurbishment 2024 including new shop front
Arranged over ground floor only
Totalling 1120 ft2 (104.5 m2)
Nearby Greggs, Subway, Heron Foods and William Hill etc.
On street parking bays to front
Location
The suburb of Pallion lies on the Metro line and is approximately 3 miles West of Sunderland City Centre. St Lukes Terrace is the main shopping centre serving a densely populated residential area and is well represented by the major national retailers including Greggs, Subway, Pappa Johns, William Hill, Heron Foods and Rowlands Pharmacy.
Description
The property was the subject of an extensive refurbishment programme in 2024 including new aluminium shop front, rewiring, replastering, new floors, ceilings, LED lighting and refitted kitchen and washroom facilities. There is a small secure yard to the rear with 1 car parking space.
Accommodation
The property briefly comprises as follows:-
ground floor ft m ft2 m2
Sales Area Internal Width 18’2” 5.53
Sales Depth 30’5” 9.27
Sales Area 552 51.28
Ancillary 535 49.70
Kitchen 33 3.07
WC
Total 1120 104.05
Externally
Secure yard to rear with 1 parking space.
Tenure
A new Lease is available at a commencing annual rental of £12,500 for a term of years to be agreed (minimum 5 years) on a Tenant Fully Repairing and Insuring basis subject to 5 yearly Rent Reviews. A rental deposit may be required subject to status
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Lease Fee
Alternatively, the landlord is able to offer early access using a shortform agreement. On this basis, the tenant will be responsible for the landlords costs in the sum of £500.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
•
•
• VAT
We are advised that the property is not elected for VAT.
Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £12,250. The Uniform Business Rate for the Rates Year 2026/2027 is 38.2p. 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 C4376 EPC Energy Rating 73/C
The suburb of Pallion lies on the Metro line and is approximately 3 miles West of Sunderland City Centre. St Lukes Terrace is the main shopping centre serving a densely populated residential area and is well represented by the major national retailers including Greggs, Subway, Pappa Johns, William Hill, Heron Foods and Rowlands Pharmacy.
Description
The property was the subject of an extensive refurbishment programme in 2024 including new aluminium shop front, rewiring, replastering, new floors, ceilings, LED lighting and refitted kitchen and washroom facilities. There is a small secure yard to the rear with 1 car parking space.
Accommodation
The property briefly comprises as follows:-
ground floor ft m ft2 m2
Sales Area Internal Width 18’2” 5.53
Sales Depth 30’5” 9.27
Sales Area 552 51.28
Ancillary 535 49.70
Kitchen 33 3.07
WC
Total 1120 104.05
Externally
Secure yard to rear with 1 parking space.
Tenure
A new Lease is available at a commencing annual rental of £12,500 for a term of years to be agreed (minimum 5 years) on a Tenant Fully Repairing and Insuring basis subject to 5 yearly Rent Reviews. A rental deposit may be required subject to status
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Lease Fee
Alternatively, the landlord is able to offer early access using a shortform agreement. On this basis, the tenant will be responsible for the landlords costs in the sum of £500.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
•
•
• VAT
We are advised that the property is not elected for VAT.
Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £12,250. The Uniform Business Rate for the Rates Year 2026/2027 is 38.2p. 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 C4376 EPC Energy Rating 73/C
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