Retail Property (high street) to rent

7-8 Pennywell Shopping Centre

£20,000 pa| £1,667 pcm

Property Description

Key features

  • New lease available
  • Size 116.6 sq m (1,255 sq ft)
  • Busy neighbourhood centre
  • EPC Rating C72

Full description

SITUATIONPennywell Shopping Centre is located within the neighbourhood of Pennywell in Sunderland. A community focal point, the centre receives a bustling trade daily. Pennywell is located 2 miles from Sunderland City Centre and 9 miles from Newcastle upon Tyne. The premises enjoy excellent transport links, situated 1 mile from the A19.Surrounding occupiers within the centre include strong covenants such as Iceland, Asda, Greggs, The Post Office and Coral bookmakers. Local covenants include a beauty clinic, optometrist and a fruit and vegetable shop.Nearby amenities include a primary school and a medical centre.DESCRIPTIONThe property consists of a ground floor retail unit which is situated directly opposite the onsite car parking.ACCOMMODATIONThe property comprises:Ground Floor 116.60m² (1,255ft²)TERMSOur clients are seeking a rental of £20,000 per annum by way of a new lease on terms to be agreed.RATING ASSESSMENTDescription RV Estimated Rates PayableShop and £15,750 £7,418.25 PremisesWe are advised that the rateable value of the premises as at 1 April 2010 is £15,750 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.As a new occupier rights of appeal may exist against this assessment.LEGAL COSTSEach party is to bear their own legal costs involved in the transaction.VATAll 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.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.


Nearest stations

  • South Hylton (0.6 mi)
  • Pallion (1.4 mi)
  • Millfield (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • South Hylton (0.6 mi)
  • Pallion (1.4 mi)
  • Millfield (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference 32. 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 Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial.

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