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Retail Units & Shops

Tyne and Wear

Sunderland

property

Let

This property is part of an unsponsored retail warehousing scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

1 Timber Beach Road, Sunderland, SR5 3XG

Use Class

E(a)

Size

22,017 sq ft

Rent pa

£275,475

Market Sector

Retail & Shopping Park

Description

Adjacent to B&M Homestore whilst Aldi, Comet, Sports Direct, Pets at Home and Argos Extra are also represented on the scheme. Directly opposite is the Thomsen Retail Park whereon Wickes, McDonalds and Dallas Carpets are located with Storeys and Harveys nearby.

Location

Located on Wessington Way (A1231) to the north west of the city centre.

Key Information

Viewing

Inspection arranged via Stephen Smart & Company Ltd

Accommodation

22,017 Sq.Ft

Premises designed over ground floor level only.

Areas

Sq.Ft

Sq.M

Ground Floor

Financial

Lease Term

Lease for assignment being for a term of 25 years from 24th June 1996,subject to five yearly upwards only rent reviews.

Rent

Subject to contract, rental offers are invited in the region of £275475 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Tenure

Leasehold - Available by way of assignment of the existing lease.

Rates

Rateable Year:

2011

Rateable Value:

£347,500.00

Rates payable:

£142,823.00

UBR:

41.1p/£

This Property is Part of a Retail & Shopping Park

Hylton Riverside Retail Park

The scheme comprises 12 units in a linear arrangement running in parallel with Wessington Way. Occupiers include B&M, Aldi, Pets at Home.

XPROP

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.