Vine Place, Sunderland, SR1

Location
The subject property is situated on Vine Place which is an established secondary retailing parade to the southwest of Sunderland City Centre. The Park Lane public transport interchange along with The Bridges Shopping Centre are in close proximity and provide associated car parking provision. Occupiers in the surrounding area are predominantly local operators with numerous public houses and licensed properties within this particular area of the city centre. Occupiers adjacent to the subject property and within the nearby vicinity include, TK Maxx, William Hill, Ttonic, Chilino’s and Cooper Rose along with numerous others.

Description
The property is a mid to late 20th-century end-terrace building located on Vine Place. Formerly operating as a bar, the premise is arranged over two floor. The ground floor features a bar area along with WC facilities. A staircase provides access to a basement level, which includes a kitchen, an office, and additional WC facilities.

Accommodation
Ground floor- 1550 SqFt
Basement- 548 SqFt

Rating Assessment
The rateable value of the premises as at 1 April 2023 is £15,000 and the estimated rates payable for the current year is £7,485.00. 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.

AML 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.

EPC
C-(74)

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.

Code of Leasing Business Premises
Interested parties are advised to refer to the RICS Code for Leasing Business Premises 2020.
February_2020_Code_For_Leasing_Business_Premises_England_And_Wales_1st_Edition.pdf

Viewing and Further Information
For all enquiries and viewing arrangements please contact sole agents, Bradley Hall Limited.

Michael McGhin
Tel: Email: Michael.