£7,000 pa

Retail premises to let

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£7,000 pa

(£13.75/sq. ft. pa)

Retail premises to let

East Cross Street, Sunderland SR1

509 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Hudson Road Primary School 0.3 miles
  • Sunderland 0.3 miles
  • Dame Dorothy Primary School 0.5 miles
  • Seaham 5.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Sunderland to find out more about the local area.

Features and description

  • Unfurnished
  • 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

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Lofthouse and Partners Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lofthouse and Partners Ltd for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. Sunderland
  5. Sunderland City Centre
  6. East Cross Street