Fawcett Street, Sunderland

A rare opportunity to lease a prominent four-storey retail unit situated in the heart of Sunderland’s bustling city centre. This versatile space boasts an enviable position on a popular high street, directly opposite the newly refurbished Sunderland Train Station and within close proximity to the exciting Sunderland redevelopment projects on High Street West and the Vaux Site.

Previously operated as tattoo studios and drawing rooms, the space offers a unique layout across four floors, providing a generous amount of room for a wide range of potential uses. The premises would be suitable for a variety of businesses (subject to planning permission) and offers flexibility to adapt to different use classes.

We calculate the approximate net internal floor areas to be:

Ground 210.6 sq m (2,266 sq ft)
First 69.50 sq m ( 748sq ft)
Second 65.80 sq m (708 sq ft)
Third 41.70 sq m (448 sq ft)
Total 387.60 sq m (4,172 sq ft)

EPC Rating – D (100)

The rateable value of the premises as at 1 April 2023 is £24,500 and the estimated rates payable for the current year is £12,225.50. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested
parties should confirm the current position with the Local Authority.

Available by way of new FRI lease terms at an asking rent of £40,000 (Forty Thousand Pounds) per annum

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.

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.

For viewing and further information please contact:

Michael McGhin
T: 0191 563 4242
E: michael.mcghin@bradleyhall.co.uk