Retail Property (high street) to rent31-33 St. Lukes Terrace, Sunderland, Tyne and Wear, SR4 6NQ
£17,500 pa (£1,458 pcm)
1,854 sq. ft.
- 1,854 sq ft (172 sq m)
- Use class orders: A1 Shops
- Situated within a busy retail area
- Approximately 2 miles from the heart of Sunderland City Centre
- The area is predominantly residential
- The location is well served by public transport facilities
- The subject premises are located in the centre of the street
- On street parking directly outside
Sunderland is located on the North East coast of England, approximately 12 miles south east of Newcastle upon Tyne and 13 miles north east of Durham City.
St Lukes Terrace is situated within a busy retail area approximately 2 miles from the heart of Sunderland City Centre. The area is predominantly residential with the principal neighbourhood retail offer located along both sides of St Lukes Terrace.The location is well served by public transport facilities with regular bus services to the city centre and a Metro Station situated to the north of the street
The subject premises are located in the centre of the street with on street parking directly outside. Nearby retailers include Subway, Pizza Hut and Greggs amongst others.
The unit provides the following approximate areas and dimensions:
Gross Frontage 18’ 10” 5.763m
Internal Width 31’ 10” 9.708m
Shop Depth 63’ 11” 19.488
Ground Floor NIA 1,854 sqft 172.24 sqm
The property is available by way of an assignment of an existing 15 year Effectively Full Repairing and Insuring Lease from 31st July 2005, due to expire in July 2020. The current passing rent is £17,500pa excl.
Alternatively the property is available on a sublease for a shorter term.
We understand the premises currently has an A1 (Retail) planning consent. Interested parties should make their own enquiries to South Tyneside Council Planning Department to satisfy themselves in respect to any planning matters.
We are verbally advised the premises are assessed for rating purposes as follows:
Rateable Value £14,750.00
Rates Payable 2015/16 £7,271.75
This information should be verified with the Local Rating Authority at Sunderland City Council, Tel: 0191 520 5554.
Energy Performance Certificate:
The Energy Performance Rating for this property is E (109).
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