Retail premises to let in Waterloo Street, Sunderland SR1
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Exciting retail opportunities available
- Within Sunderland Rail and Metro Station
- Opened 2024 following £27m redevelopment
- Choice of 2 retail kiosks to Waterloo Street
- Upper concourse Pop up opportunity available
- Allocated remote storage
- Suitable for retail/office/coffee/F&B
Property description
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
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.