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£75,000
Sunderland, Tyne And Wear, TO LET - The property is situated
Price:
£75,000 Get Prequalified Today
Contact:
01915 657000
Location:
Sunderland, Tyne & Wear
Description:
TO LET - The property is situated in a prominent position on High Street West in the city centre of Sunderland. High Street West is a busy city centre shopping pitch located close to The Bridges Shopping Centre. The property is located next to Marks and Spencer and Mothercare with nearby occupiers including McDonalds, Argos, TJ Hughes, Game, D & A, Currys Digital, British Home Stores and Toni & Guy amongst many others. The property comprises of a substantial 4 storey end terraced shop which comprises of ground and first floor sales areas. The second floor provides staff room / kitchen in addition to a number of offices and store rooms and WC's. To the third floor there are store rooms plus basement storage.
SITUATION
The property is situated in a prominent position on High Street West in the city centre of Sunderland. High Street West is a busy city centre shopping pitch located close to The Bridges Shopping Centre. The property is located next to Marks and Spencer and Mothercare with nearby occupiers including McDonalds, Argos, TJ Hughes, Game, D & A, Currys Digital, British Home Stores and Toni & Guy amongst many others.
DESCRIPTION
The property comprises of a substantial 4 storey end terraced shop which comprises of ground and first floor sales areas. The second floor provides staff room / kitchen in addition to a number of offices and store rooms and WC's. To the third floor there are store rooms plus basement storage.
ACCOMMODATION
We calculate the property provides the following areas:
Ground Floor Sales: 163.14 sq m (1667 sq ft)
Rear Store Room: 11.89 sq m (128 sq ft)
First Floor Sales: 123.42 sq m (1328 sq ft)
Store Room: 25.38 sq m (273 sq ft)
Second Floor
Staff Room/Kitchen: 20.06 sq m (216 sq ft)
Office: 8.82 sq m (95 sq ft)
Store Room 1: 39.16 sq m (421 sq ft)
Store Room 2: 13.42 sq m (144 sq ft)
Store Room 3: 9.67 sq m (104 sq ft)
Store Room 4: 8.82 sq m (95 sq ft)
Store Room 5: 20.06 sq m (216 sq ft)
Third Floor
Store Room 1:17.30 sq m (186 sq ft)
Store Room 2: 26.83 sq ft (289 sq ft)
Basement: 66.46 sq m (715 sq ft)
reduced head height.
RENT
75,000 per annum exclusive
FREEHOLD
Alternatively client may sell their freehold interest. Further details and price upon request.
LEASE TERMS
A new Lease is available for a term of years to be agreed (minimum 3 years) on an effective FRI basis subject to 3 yearly Rent Reviews.
CODE OF PRACTICE
In accordance with the Code of Practice For Commercial Leases In England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed.
A copy of the Code of Practice For Commercial Leases in England And Wales can be (click to respond) or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806.
You should consider the terms of the code with your professional adviser.
LEGAL COSTS
The Tenant will be responsible for the Landlord's Legal Fees incurred in the preparation, settling and completion of the Lease plus any VAT and Stamp Duty.
RATEABLE VALUE
Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value is 74,000. However this figure cannot be relied upon and if necessary a written request should be made to the Local Authority for confirmation. The Uniform Business Rate for the Rates Year 2011/2012 is 43.3
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
Strictly by appointment only through sole joint agents Michael Hodgson Chartered Surveyors & Estate Agents. Tel No. (0191) 5657000
or via our Joint Agents
Lofthouse & Partners
Mario Jaconelli - 0191 5658844
Michael Hodgson Chartered Surveyors for themselves and for the vendor(s) of this property whose agents they are, give notice that: 1 The particulars do not constitute any part of an offer or contract. 2. None of the statements contained in these paragraphs as to the properties are to be relied on as statements of representations of fact. 3. Any intending purchaser must satisfy himself or herself by inspection or otherwise as to the correctness of each statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither Michael Hodgson Chartered Surveyors nor any person in their employment has authority to make or give, any representation or warranty whatsoever in relation to this property.5. None of the buildings services or service installation (whether these be the specific responsibility of the freeholder, lessor or lessee) have been tested and is not warranted to be in working order. Nothing in these particulars should be deemed to be a statement that they are in good working order or that the property is in good structural condition or otherwise. 6. It should not be assumed that the property has all necessary planning, building regulations or other consents.
These particulars have been prepared as agents for our client and are intended as a guide to supplement an inspection or survey. Their accuracy I not guaranteed. They contain statements of opinion and in some instances, we have relied upon information provided by others.
You should verify the particulars on your visit to the property and particulars do not obviate the need for a full survey and all appropriate enquiries. Accordingly, there shall be no liability attached to Michael Hodgson or its representatives as a result of any error or omissions in the particulars or any other information given. Such information is given without responsibility.
Property Type:
Single-Family Houses
Sq feet:
104 sq. ft.
Amenities:
Storage
For sale by:
Agent/Broker
Phone:
01915 657000
Posted:
Contact:
01915 657000
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Let me know if you have any questions. – Michael Hodgson
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More About this Listing: Sunderland, Tyne And Wear, TO LET - The property is situated
Sunderland, Tyne And Wear, TO LET - The property is situated is a Houses for Sale in Sunderland TWR. Find other listings like Sunderland, Tyne And Wear, TO LET - The property is situated by searching Oodle Marketplace for Houses for Sale in Sunderland TWR.
Sunderland, Tyne And Wear, TO LET - The property is situated is a Houses for Sale in Sunderland TWR. Find other listings like Sunderland, Tyne And Wear, TO LET - The property is situated by searching Oodle Marketplace for Houses for Sale in Sunderland TWR.