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£1,333 pcm
High Street Retail Unit
The subject property is located within the city of Sunderland in the northeast of England. Sunderland is a port city situated at the mouth of the River Wear in the metropolitan county of Tyne and Wear.
The property itself is located on High Street West in Sunderland city centre. High Street West is one of the main retail parades within the city centre where there are several large and major developments nearby, including the iconic Riverside Development, Mackie’s Corner and a highly anticipated selection of bars beneath the recently constructed Holiday Inn Hotel.
A characterful 1926-built stone-clad mid-terrace property, ideally situated on the bustling and popular High Street West. The ground floor comprises a well-established retail unit, most recently operating as a small clothing boutique. It features a spacious and highly visible storefront, ensuring maximum exposure to passing trade. A staircase leads to a sub-ground level floor, which includes kitchen and WC facilities, offering additional space for storage, staff use, or further retail/display purposes.
The rateable value of the premises as at 1 April 2023 is £14,250 and the estimated rates payable for the current year is £7,110 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.
In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
The property has an EPC Rating of D (98).
Each party is responsible for their own legal costs.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
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