Park Lane, Sunderland

Located in a prime position on Park Lane, this 1960s-built commercial unit offers an excellent retail opportunity. Formerly trading as a bed shop, the property comprises a spacious open-plan ground floor retail area presented in good condition, with WC facilities.

The unit further benefits from access to a large basement, providing excellent ancillary storage space. The property is suitable for a wide range of commercial uses, subject to the necessary consents.

Sunderland is a well-connected coastal city situated at the mouth of the River Wear, offering a wide range of amenities from major national retailers to independent and family-run businesses, all underpinned by a rich industrial and cultural heritage.

In recent years, the city has benefited from significant investment and regeneration, with major developments underway across key locations including the Vaux and Sunniside sites. These schemes are set to enhance the city centre environment and drive continued economic growth and inward investment.

Park Lane is a well-established commercial location within Sunderland city centre, accommodating a variety of small and medium-sized businesses across Park Lane and the surrounding streets of Olive Street and Derwent Street. The area benefits from excellent public transport connectivity, with Park Lane Bus and Metro Stations located nearby, providing convenient access to surrounding towns and regional centres including Newcastle upon Tyne.

The location is further supported by strong road links, with the A690 and A19 close by, offering direct routes to Newcastle and Durham city centres and the wider regional road network.

EPC RATING: B28

Available by way of new FRI lease terms with a maximum term of three years at an asking rent of £28,000 (Twenty Eight 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.

Interested parties should confirm the current position with the Local Authority.

For all enquiries and viewing arrangements please contact as below.

Bradley Hall Sunderland
Tel: 0191 563 4242
Email: sunderland@bradleyhall.co.uk