Monthly Rent of £500
This subject property is situated on Windsor Terrace in Grangetown which is considered a secondary high-street location. Windsor Terrace provides one of the main transport routes into Sunderland city centre.
Grangetown offers many local shops, hair salons and there is an ASDA supermarket close by. Due to the property being on the main road to Sunderland it offers excellent transport links with bus stops located outside of the premises and the nearest Metro Station, Park Lane, is 1.6 miles away.
The property comprises a ground floor retail premises. Internally, it offers spacious open plan accommodation with kitchenette and WC facilities with a second room which was formerly used as a washroom. The first floor offers an open aspect with an office and WC facility.
The property was formerly occupied as a hair salon and a tattoo studio but may be suitable for a variety of uses STPP.
Ground floor 48.4m² (521ft²)
First Floor 30.4m² (327ft²)
Total 78.8m² (848ft²)
Description RV Estimated Rates Payable
Shop & £3,350 £1,644.85
We are advised that the rateable value of the premises as at 1 April 2017 is £3,350 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.
The property is available by way of new lease terms at a rent of £500 (Five Hundred Pounds) per month.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
For general enquiries and viewing arrangements please contact Michael McGhin at Bradley Hall.
Tel: 0191 563 4242