Features
- NEW LEASE IS AVAIALBLE COMMENCING AT AN ANNUAL RENT OF £12,500 PER ANNUM & A TERM OF LEASE TO BE AGREED WITH A MINIMUM OF 5 YEARS ON A FULL REPAIRING & INSURING BASIS
- COSTS: THE PROPOSED LESSESS WILL BE RESPONSIBLE FOR THE LANDLORDS LEGAL FEES INCURRED IN PREPARATION OF SETTING UP THE COMPLETION OF THE LEASE PLANS PLUS ANY VAT & STAMP DUTY
- V.A.T.: THE FIGURES EXCLUDE VAT WHERE CHARGEABLE
- SERVICES: MAINS, ELECTRIC, GAS & WATER
- RATEABLE VALUE: WE HAVE BEEN VERBALLY ADVISED BY THE LOCAL AUTHORITY (SOUTH TYNESIDE COUNCIL) THAT THE RATEABLE VALUE IS £12,250 FOR 2026/2027 (PLEASE NOTE IT WILL BE NECESSARY FOR ANY OCCUPIER TO CONFIRM THE RATES PAYABLE WITH THE LOCAL AUTHORITY)
- DISCLAIMER: NONE OF THE EQUIPMENT OR SYSTEMS IN THE PROPERTY HAVE BEEN TESTED BY THE AGENTS & IT IS THE RESPONSIBILITY OF THE LESSEE TO ENSURE THAT THEY ARE IN WORKING ORDER
Description
LOCATION
The property is situated on the corner of Sunderland Road and Prince Edward Road on what is known as The Nook shopping preceding, which is a busy and vibrant shopping parade offering a full range of shops/retail units, cafes etc. There is free local parking adjacent. This shopping parade enjoys a huge footfall and a large amount of passing traffic and is adjacent to residential housing.
DESCRIPTION
The property comprises of a ground floor lock up shop with sales area totalling 56.81 sq m (611.49 sq ft). Benefitting from external security shutters, in addition there is a storage area measuring 5.59sq m x 1.26 sq m increasing to 3.27sq m with a roller security door leading to a shared rear yard, radiator and an Ideal wall mounted gas combination boiler for heating the domestic hot water and central heating systems. There is also an internal passageway running round part of the perimeter of the sales area which again, can be used for storage. There is an alarm system.
ACCOMMODATION
GROUND FLOOR SALES
With suspended ceiling,
Frontage 6.23 sq m with a depth of 8.39 sq m with a rear area of 4.55 sq m x 2.13
sq m giving a total sales area of 56.81 sq m
REAR
There is a store with roller up and over door leading to the shared back yard, radiator, Ideal wall mounted gas boiler measuring 5.59 sq m x 1.62 sq m increasing to 3.27 sq m
CLOAKROOM/KITCHENETTE
Comprising of a half tiled area with a washbasin and beyond that there is a low level w.c. which is enclosed and separate with an extractor fan.
Partial additional storage to part of the rear and right hand side of the sales area which could be used for a variety of uses.
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