Loftus House, Sunderland Business Park, Sunderland, SR5
£2,711 pcm
£32,535 pa
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Office to lease
Lease details
- Lease available date:
- Ask agent
Key features
- The property is available by way of new lease terms at a rent of £7.50 per Sq Ft.
- Grade B Office Accommodation
- Established business location with occupiers including Balfour Beatty, TSB, NHS, Taylor Wimpey and BGL Group.
- Suites Available from 403m2 (4,338 ft2) to 1,309.7m2 (14,098 ft2)
- 8 Person lift on Site
- EPC Rating – D (90)
- 80 Car Parking Spaces
Description
LOCATION
Sunderland is a vibrant coastal city in the North East of England, positioned at the mouth of the River Wear. Renowned for its rich industrial heritage and stunning coastline, the city has transformed into a modern urban centre offering an excellent range of amenities, cultural attractions, and strong transport connections.
The city centre is home to an array of shops, restaurants, and leisure facilities, including The Bridges Shopping Centre and the historic Sunderland Empire Theatre. For outdoor enthusiasts, the award-winning beaches at Roker and Seaburn are just a short distance away, providing scenic coastal walks, water sports, and a host of family-friendly attractions.The property itself is located within the well-established Sunderland Enterprise Park, an acclaimed business destination accommodating a number of
prominent blue-chip occupiers such as Taylor Wimpey, Berghaus, and Northern Powergrid. The site benefits from excellent road links, with swift access to the A19 via the A1231 Wessington Way, connecting Sunderland with the wider North East region.
DESCRIPTION
oftus House is a modern two-storey office building of steel frame construction with attractive brick-faced cavity walling. The main southern elevation features striking glass curtain walling, creating a bright and impressive two-storey atrium reception. The building offers high-quality open-plan office accommodation with perimeter trunking, suspended mineral fibre ceilings, recessed lighting, comfort cooling and full central heating throughout. Each floor benefits from male and female WCs, with disabled facilities at ground level and a small shower room. An 8-person passenger lift serves both floors, and the site provides generous on-site parking for approximately 80 cars.
ACCOMMODATION
Part Sq Ft Sq M
Ground Floor Reception 1,733 161
Ground Floor Office Unit 1 4,338 403
Ground Floor Office Unit 2 5,404 502
First Floor Office Unit 3 4,349 404
Total 15,824 1,470
TERMS
The property is available by way of a new lease, at
a rent of £7.50 per Sq Ft, subject to terms.
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £169,000 and the estimated rates payable for the current year is £84,331. 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
The property has an EPC Rating of D (90).
LEGAL COSTS
Each party is responsible for their own legal costs.
AML REGULATIONS
n 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.
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
FOR VIEWINGS AND FURTHER INFORMATION
For all enquiries and viewing arrangements please contact sole agents, Bradley Hall Limited.
Michael McGhin
Tel:
Email:
Sunderland is a vibrant coastal city in the North East of England, positioned at the mouth of the River Wear. Renowned for its rich industrial heritage and stunning coastline, the city has transformed into a modern urban centre offering an excellent range of amenities, cultural attractions, and strong transport connections.
The city centre is home to an array of shops, restaurants, and leisure facilities, including The Bridges Shopping Centre and the historic Sunderland Empire Theatre. For outdoor enthusiasts, the award-winning beaches at Roker and Seaburn are just a short distance away, providing scenic coastal walks, water sports, and a host of family-friendly attractions.The property itself is located within the well-established Sunderland Enterprise Park, an acclaimed business destination accommodating a number of
prominent blue-chip occupiers such as Taylor Wimpey, Berghaus, and Northern Powergrid. The site benefits from excellent road links, with swift access to the A19 via the A1231 Wessington Way, connecting Sunderland with the wider North East region.
DESCRIPTION
oftus House is a modern two-storey office building of steel frame construction with attractive brick-faced cavity walling. The main southern elevation features striking glass curtain walling, creating a bright and impressive two-storey atrium reception. The building offers high-quality open-plan office accommodation with perimeter trunking, suspended mineral fibre ceilings, recessed lighting, comfort cooling and full central heating throughout. Each floor benefits from male and female WCs, with disabled facilities at ground level and a small shower room. An 8-person passenger lift serves both floors, and the site provides generous on-site parking for approximately 80 cars.
ACCOMMODATION
Part Sq Ft Sq M
Ground Floor Reception 1,733 161
Ground Floor Office Unit 1 4,338 403
Ground Floor Office Unit 2 5,404 502
First Floor Office Unit 3 4,349 404
Total 15,824 1,470
TERMS
The property is available by way of a new lease, at
a rent of £7.50 per Sq Ft, subject to terms.
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £169,000 and the estimated rates payable for the current year is £84,331. 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
The property has an EPC Rating of D (90).
LEGAL COSTS
Each party is responsible for their own legal costs.
AML REGULATIONS
n 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.
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
FOR VIEWINGS AND FURTHER INFORMATION
For all enquiries and viewing arrangements please contact sole agents, Bradley Hall Limited.
Michael McGhin
Tel:
Email:
Loftus House, Sunderland Business Park, Sunderland, SR5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Hylton Metro Station0.8 miles
- Pallion Metro Station0.9 miles
- Millfield Metro Station1.3 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference CMR250105_L. 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, Newcastle Upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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