Retail premises to let in Waterloo Street, Sunderland SR1

Location
Sunderland Station provides a direct rail link to Kings Cross and Newcastle and Metro links to Wearside Tyneside and Newcastle International Airport. The station is located within the heart of Sunderland city centre adjacent to The Bridges shopping centre. The units sit immediately opposite Specsavers, William Hill and Coral with Santander and Newcastle Building Society within close proximity.

Description
The station opened in 2024 after undergoing an extensive £27m redevelopment programme. Following refurbishment, various exciting retail opportunities within the station are available.

Accommodation
Accommodation ft2 m2
Unit 2 533 49.52

Unit 3 (return frontage) 536 49.79

Station concourse (Pop Up) tbc

Allocated remote storage with each unit.

Rents/Costs
Unit Costs
2 £10,000 pax plus service charge @ 7.5% plus insurance @ 2%
3 £12,000 pax plus service charge @ 7.5% plus insurance @ 2%
Pop Up unit inside station £10,000 pax plus service charge @ 7.5% plus insurance @ 2%

Utility costs are sub-metered and invoiced separately to each tenant.

A rental deposit will be required subject to status.

Tenure
New standard leases for the development are available for a minimum term of 3 years excluding the provisions of the Landlord and Tenant Act 1954. Leases will be drawn on an efri basis with service charge and insurance provisions.

VAT

All figures quoted are plus VAT.

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

Viewing
Contact – Mario Jaconelli or Alexa Reavley
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• Rateable Value (rv)
To be assessed.

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 C4262 EPC Rating tbc