3 Colima Avenue, Sunderland Enterprise Park, Sunderland, SR5

LOCATION

The subject property is situated on Colima Avenue in Sunderland Enterprise Park. The property is situated in an excellent position, adjacent to the Wessington Way which is the main route into the city centre north of the River Wear. The Wessington Way is providing access to the A19 which is approximately 0.5 miles to the west and Sunderland City Centre which approximately 3.6 miles to the east. The new Northern Spire Bridge is less than 1 mile to the east. The property is set within landscaped grounds and has attractive views overlooking the River Wear. This is a popular location and home to major office occupiers including, Berghaus Limited, TSB, Sunderland NHS and Sunderland City Council, Avant Homes and Taylor Whimpey. The property is ideally located close to Sunderland Enterprise Retail Park where occupiers include Matalan, DW Sports Fitness, B&M Home Store, Aldi, Argos, Costa Coffee and multiple other local and national occupiers.

DESCRIPTION

The property comprises of one self-contained pavilion office within a building of four. The office benefits from own front door access with reception area, kitchen with floor and wall units and separate male and female WC facilities. The office is essentially open plan, providing flexible working space.
The property benefits from 22 allocated car parking spaces with further onsite parking provisions.
The Premises is currently open plan as previous tenant occupied three units and utilized to business needs.

ACCOMMODATION
NIA: 586.5m2 (6,313 ft2)

TENURE
Available by way of a new FRI Lease Term to be agreed

The subject property is available by way of a new lease with terms to be agreed at a rent from £10 per ft². The property may be available in part which further details available on request.

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £58,500 and the estimated rates payable for the current year is £28,665. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

EPC RATING
3abc Colima Avenue - C54

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 REGULATION
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.

FOR FURTER ENQUIRIES
Contact: Michael McGhin

For all enquiries and viewing arrangements please contact the Sunderland Office
Tel: Email: