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High street retail property to lease

Park Lane, Sunderland, SR1

£2,708 pcm
£32,496 pa

Business rates & charges may apply

Bradley Hall, Newcastle Upon Tyne
SIZE

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SECTOR

High street retail property to lease

Lease details

Lease available date:
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Key features

  • Basement & Ground Floor Retail Unit
  • Open Plan Retail Area
  • Prominent Main Road Position
  • Excellent Footfall & Passing Traffic
  • On Street Parking
  • EPC Rating B28
  • NIA 354 sq.m ( 3,820 sq.ft)

Description

Located in a prime position on Park Lane, this 1960s-built commercial unit offers an excellent retail opportunity. Formerly trading as a bed shop, the property comprises a spacious open-plan ground floor retail area presented in good condition, with WC facilities.

The unit further benefits from access to a large basement, providing excellent ancillary storage space. The property is suitable for a wide range of commercial uses, subject to the necessary consents.

Sunderland is a well-connected coastal city situated at the mouth of the River Wear, offering a wide range of amenities from major national retailers to independent and family-run businesses, all underpinned by a rich industrial and cultural heritage.

In recent years, the city has benefited from significant investment and regeneration, with major developments underway across key locations including the Vaux and Sunniside sites. These schemes are set to enhance the city centre environment and drive continued economic growth and inward investment.

Park Lane is a well-established commercial location within Sunderland city centre, accommodating a variety of small and medium-sized businesses across Park Lane and the surrounding streets of Olive Street and Derwent Street. The area benefits from excellent public transport connectivity, with Park Lane Bus and Metro Stations located nearby, providing convenient access to surrounding towns and regional centres including Newcastle upon Tyne.

The location is further supported by strong road links, with the A690 and A19 close by, offering direct routes to Newcastle and Durham city centres and the wider regional road network.

EPC RATING: B28

Available by way of new FRI lease terms with a maximum term of three years at an asking rent of £32,500 (Thirty-two Thousand Five Hundred Pounds) per annum

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Interested parties should confirm the current position with the Local Authority.

For all enquiries and viewing arrangements please contact as below.

Bradley Hall Sunderland
Tel:
Email:


Energy Performance Certificates

EPC Rating Graph

Park Lane, Sunderland, SR1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Park Lane Metro Station0.2 miles
  • Sunderland Station0.2 miles
  • University Metro Station0.5 miles

About Bradley Hall, Newcastle Upon Tyne

33-39 Grey Street, Newcastle Upon Tyne, NE1 6EE

Notes

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Disclaimer - Property reference CMR260031_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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