Office to let
Frederick Street, Sunderland SR1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- City centre office building with retail display
- Currently over 3 floors with 2 car parking spaces to rear
- May Split from 707 ft2 (66 m2) to 1694 ft2 (157 m2)
- Within Sunniside professional area Adj. To Andrew Craig
- To be refurbished
- Rent £15,000 pax – nil business rates*
Property description
The property is situated within a Conservation Area known as Sunniside and is in the northern section of Frederick Street adjacent to Andrew Craig and a number of established estate agencies.
Description
The property is mid terraced and comprises 3 storey retail/office building with attractive display window of brick and slate construction with a pitched slated roof having a modern two-storey extension to the rear. The building benefits from gas central heating and 2 car parking spaces and would suit retail/showroom and office uses.
The landlord may give consideration to splitting the property into 2 units. Further details on request.
Accommodation
The property briefly comprises as follows:-
Accommodation ft2 m2
Ground Floor
Offices/Retail 706 65.59
First Floor
Offices 717 66.61
Second Floor
Office 271 25.18
total 1694 157.37
Externally
2 parking spaces to rear
Tenure
A new lease is available on terms to be agreed at a commencing annual rental of £15,000 for a term of years to be agreed (minimum 3 years).
VAT
The rent is not subject to VAT.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction. The landlord has a short form lease which is available allowing early access.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
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• Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £8,500. 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 C4270 EPC Energy Rating 119/E
Property info
* Sizes listed are approximations. Please contact the agent to verify actual sizes.
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 Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.