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£25,000 pcm
Leisure Opportunity To Let
LOCATION
The subject property is located within the city of Sunderland in the north east 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 Silksworth Row in Sunderland city centre. Silksworth
Row is located in the Riverside quarter of Sunderland which consists of mixed use
classes and around 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.
DESCRIPTION
This charming two-storey, end terrace property is a former leisure premises that
previously operated as a restaurant on the ground floor, with a spacious function
room on the first floor. Situated in a prime location, the property enjoys the advantage
of being opposite the new riverside car park and the exciting new Vaux site
developments. Its strategic position on a main route in and out of the city ensures
excellent visibility and accessibility for potential customers or tenants.
ACCOMMODATION
Ground Floor – 211 sq. m (2,276 sq. ft).
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £24,250 and the estimated
rates payable for the current year is £11,882.50. 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.
EPC RATING
Rating B (44).
TERMS
New lease available by way of a full repairing and insuring lease for a term and rent to
be agreed
VAT
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.
LEGAL COSTS
Each party is responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
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.
VIEWING
For general enquiries and viewing arrangements please contact Michael McGhin on
michael.mcghin@bradleyhall.co.uk or 0191 563 4242
Please complete the form below and a member of staff will be in touch shortly.
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