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12 Maritime Terrace, 12 Maritime Terrace, Sunderland

Guide Price
£225,000

Business rates & charges may apply

Savills, City Offices
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SECTOR

Commercial property for sale

Key features

  • Freehold Retail Opportunity in Prime Pitch Next to The Bridges Shopping Centre
  • Let to tenant trading as HT Nails & Spa
  • Let on a 10 year lease from 2019, expiring May 2029 (no breaks)
  • 2024 break option and rent review not exercised
  • Comprises approximately 218.50 sq m (2,352 sq ft)
  • Prime retailing pitch next to the main entrance of The Bridges Shopping Centre
  • 200 metres from Sunderland Train Station
  • Investment let at £39,000 pa (17.33% on Guide Price)

Description

The property comprises a freehold two storey building arranged as a ground floor shop with ancillary upper parts.



The property is situated in a very prominent pedestrianised City Centre location at the junction of Crowtree Road and Maritime Terrace leading to the main entrance of Bridges Shopping Centre. Sunderland Train Station is approximately 200 metres away. Other nearby retailers include TK Maxx, H&M, Home Bargains, Starbucks and Primark.

Brochures

12 Maritime Terrace, 12 Maritime Terrace, Sunderland

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sunderland Station0.2 miles
  • Park Lane Metro Station0.3 miles
  • St Peter's Tram Stop0.5 miles

About Savills, City Offices

Finsbury Circus House, 15 Finsbury Circus, London, EC2M 7EB

Notes

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Disclaimer - Property reference DEA46B11-953F-45DC-84E4-73AF73D851DC. 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 Savills, City Offices. 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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