Retail Property (high street) to rentA Wheeler House, Houghton-Le-Spring,
Sold by Us
LOCATION The premises occupy an established trading position with frontage on to the main High Street in the town. It is well positioned with a variety of local and national retailers adjoining and also benefits from a high volume of passing traffic. A single private parking space is also available to the rear. ACCOMMODATION
The premises are arranged on the ground floor with the approximate following floor areas. SALES AREA 58.62 sqm (631 sqft) OFFICE/STAFFROOM 6.19sqm (66 sqft) STORE/ACCESS 9.76 sqm (105 sqft) W.C LEASE: The Landlord is offering a 10 year lease with a five year rent review at an initial rent of £5,500 per annum exclusive. TERMS: Offers invited. RATES: We have been advised by Sunderland City Council that the premises are assessed for rates as follows- Rateable Value - £10,000
UBR (Uniform Business Rates) - 2016/2017
Rates payable - £4,800 SERVICE CHARGE To be assessed LEGAL COSTS The ingoing tenant to be responsible for the4 Landlords legal costs and surveyors fees incurred in this transaction. V.A.T Figures quoted exclude V.A.T. where chargeable. VIEWING Strictly by appointment through Sole Agents Moody and Company at the South Shields office on 0191 427 0335. DISCLAIMER: None of the equipment or systems in the property has been tested by the Agents and it is the responsibility of the purchaser to ensure that they are all in working order.
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