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Retail Property (high street) to rent

Fawcett Street, City Centre, Sunderland

£19,500 pa| £1,625 pcm

Property Description

Key features

  • TO LET
  • RETAIL SHOP
  • FAWCETT STREET
  • CORNER OF ATHENAEUM STREET
  • SALE AREA
  • REAR STORE / KITCHEN
  • CORNER UNIT
  • VIEWING ADVISED

Full description

TO LET - CITY CENTRE RETAIL UNIT - FAWCETT STREET, SUNDERLAND - The property is situated on the corner of Fawcett Street and Athenaeum Street in Sunderland which is a busy street within the City Centre being well served by transport links in addition to being within close proximity of a number of national, regional and local operators including Northern Rock, Wilkinsons, Gentoo, Natwest, Barlcays, The Post Office, The Bridges Shopping Centre and is within walking distance of Sunderland Train Station. The property comprises of a ground floor self contained retail shop having a generous return frontage to Fawcett Street and Athenaeum Street offering a retail sales area with Kitchen & WC facilities. There is an additional useful basement storage space, with reduced height.

Location - The property is situated on the corner of Fawcett Street and Athenaeum Street in Sunderland which is a busy street within the City Centre being well served by transport links in addition to being within close proximity of a number of national, regional and local operators including Northern Rock, Wilkinsons, Gentoo, Natwest, Barlcays, The Post Office, The Bridges Shopping Centre and is within walking distance of Sunderland Train Station.

Description - The property comprises of a ground floor self contained retail shop having a generous return frontage to Fawcett Street and Athenaeum Street offering a retail sales area with Kitchen & WC facilities. There is an additional useful basement storage space, with reduced height.

Accomodation - We calculate the property provides the following net internal areas:

Sales: 64.61 sq m (695 sq ft)
Kitchen: 7.93 sq m (85 sq ft)
WC's

Basement - storage.

Rent - £19,500 per annum exclusive.

Lease Terms - A new lease is available for a term of years to be agreed.

Code Of Practice - In accordance with the Code of Practice For Commercial Leases In England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed. A copy of the Code of Practice For Commercial Leases in England And Wales can be obtained at www.commericalleasecodeew.co.uk or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806. You should consider the terms of the code with your professional adviser.

Leasehold Legal Costs - The Tenant will be responsible for the Landlord's Legal Fees incurred in the preparation, settling and completion of the Lease plus any VAT and Stamp Duty.

Rateable Value - Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value is £16,750. However this figure cannot be relied upon and if necessary a written request should be made to the Local Authority for confirmation. The Uniform Business Rate for the Rates Year 2015/2016 is 49.3p

Vat - All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made upon this basis, and where silent, offers will be deemed net of VAT

Viewing - Strictly by appointment only through sole agents Michael Hodgson Chartered Surveyors & Estate Agents. Tel No. (0191) 5657000


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Property reference 25977558. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Hodgson, Sunderland.

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