Retail premises to let in Green Terrace, Sunderland SR1
![Retail premises to let in Green Terrace, Sunderland](https://lid.zoocdn.com/645/430/3a473cbdbb874f82b555a95593e9fe25c6c71b2c.jpg)
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Available from January 2025
- Well-presented ground floor unit
- Opposite The Bridges Car Park
- Adjoining Fitzgerald’s Public House
- 442 ft2 (39 m2)
- Near University, Premier Inn and Theatre
Property description
Green Terrace is situated on the immediate fringe of Sunderland City Centre and overlooks St Michaels Way at the rear, one of the main arterial routes leading into the City Centre. The property is located within a block of office buildings adjoining Fitzgeralds Public House with other Pubs and Restaurants nearby. In addition, The Bridges Shopping Centre Car Park is directly opposite and Green Terrace comprises a bus route.
Description
Well-presented Ground Floor suite comprising reception and treatment rooms together with staff facilities which has been used as an aesthetic beauty clinic. The property has a Net Internal Area of 422 ft2 (39 m2) and would be suitable for hair/beauty or specialist retail use subject to necessary consent.
Please note – the property cannot be used for Aesthetic Beauty Treatments.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Net Internal Area 422 39.20
Tenure
A new Lease is available at a commencing annual rental of £7,500 plus VAT for a term of years to be agreed (minimum 3 years) on an effective Fri basis subject to 3 yearly Rent Reviews.
Available from January 2025
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Marc Weaver or Alexa Reavley
•
•
• VAT
The rent is subject to VAT.
Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £3,850. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.
Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification
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
C4266
EPC
Energy Rating E
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Lofthouse and Partners Ltd, SR1 on +44 191 723 0021 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lofthouse and Partners Ltd, and do not constitute property particulars. Please contact Lofthouse and Partners Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.