£12,000 pa

Retail premises to let

  1. Property photo 1 of 1.
Let agreed

From

£12,000 pa

(£21.74/sq. ft. pa)

Retail premises to let

Maritime Terrace, Sunderland SR1

From 545 - 552 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Sunderland 0.1 miles
  • St Anthony's Girls' Catholic Academy 0.4 miles
  • Hudson Road Primary School 0.4 miles
  • Seaham 5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Sunderland to find out more about the local area.

Features and description

  • Unfurnished
  • Prominent city centre retail unit
  • Busy pedestrianised location
  • Close to tk Maxx and Deichmann Shoes
  • Ground Floor Sales 552 ft2 (51.28 m2)
  • First Floor Ancillary 545 ft2 (50.63 m2)
  • Incentives available subject to status
Location
Maritime Terrace is a busy pedestrianised city centre retail location linking Blandford Street with Crowtree Road close to the entrance to The Bridges Shopping Centre. The property is shown on the attached Goad Plan for identification purposes.

Description
The property forms part of a larger block of properties and comprises ground floor sales shop together with first floor ancillary accommodation.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor ft m
Sales Area Internal Width 16’0” 4.09
Sales Depth 36’3” 11.06
Sales Area 552 51.28

First Floor
Stores/Staff 545 50.63

Tenure
A new Lease is available at a commencing annual rental of £12,000 for a term of years to be agreed (minimum 5 years) on an effective Fri basis subject to 5 yearly Rent Reviews

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.

Viewing
Contact – Mario Jaconelli or Alexa Reavley



• VAT
Figures quoted exclude VAT where chargeable.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £13,500. The Uniform Business Rate for the Rates Year 2023/2024 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.

Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref
C4139
EPC

Energy Rating 85/D

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Lofthouse and Partners Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lofthouse and Partners Ltd for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. Sunderland
  5. Sunderland City Centre
  6. Maritime Terrace