Foyle Street, Sunderland, SR1

LOCATION
The subject property is located on Foyle Street, a short distance from the Sunniside Leisure Complex on High Street West in Sunderland city centre. Sunniside Leisure Complex is a mixed-use leisure scheme which is considered one of the most popular locations for entertainment and leisure in the City Centre.

Foyle Street is situated in a popular business location with surrounding occupiers including Crea Comms, Creative Management Services, Arrow Business Centre and SR1 Hairdressing. Foyle Street is situated to the east of the city centre, just 0.3 miles from The Bridges Shopping Centre, 0.2 miles from Sunderland Metro and Train Station, 0.5 miles from Park Lane Bus and Metro Interchange and 0.2 miles from A1018 which links with A183 and A1231

DESCRIPTION
The subject property compromises of a lower ground floor retail unit which consists of a main sales area with two treatment rooms a kitchen/storeroom and a shower room with WC. The ground floor consists of a reception area, 3 x treatment rooms and a kitchenette. The first floor consists of a residential apartment. To the rear the property provides 5 x car parking spaces.

ACCOMMODATION
Property M2 Ft2 Rent PCM Rent PA
Lower Ground Floor 49.1 529 Vacant Vacant
Ground Floor 35.5 382 Vacant Vacant
First Floor 106 1,141 £750 £9,000

RATING ASSESSMENT
Lower Ground Floor Retail – £9,500 (£4,655 small rates multiplier 0.49p)
Ground Floor Retail – £4,200 (£2,058 small rates multiplier 0.49p)
First Floor Accommodation – Band B (£1,476.46 PA).

EPC RATING
Lower Ground Floor Retail Rating – C-64.
Ground Floor Retail Rating – C-64.
First Floor Accommodation Rating – E-46.

TERMS
Available by way of Freehold Title at an Asking Price of £175,000 (One Hundred and Seventy Five Thousand Pounds).

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. or