Ref: 43162
Size: 2113 sq ft
21Frederick Street
Sunderland
Sunderland
SR1 1NF
Tenure: Leasehold
Type: Office
Description:
This is one of the larger type buildings within Frederick Street having the benefit of a modern 2 storey extension to the rear built to full site depth. The offices are arranged over Ground, Lower Ground, First and Second Floors having the unusual advantage of a private secure garage to the rear for 3-4 cars with an electrically operated roller shutter door. There is a large open plan training room on the First Floor. The offices have recently been refurbished and are in good decorative order benefiting from gas fired central heating throughout.
Location:
The property is located within the City’s main professional quarter within walking distance of the principal shopping area and close to the award winning Museum and Winter Gardens. Nearby occupiers include specialist retailers, eating places, Solicitors, Recruitment Consultants, Surveyors and Estate Agents.
Accommodation:
GROUND FLOOR
Offices
471ft2 (43.76m2)
WC’s
LOWER GROUND FLOOR
Offices 467ft2 (43.38m2)
Store
FIRST FLOOR
Offices and WC’s 931ft2 (86.49m2)
SECOND FLOOR
Office 240ft2 (22.30m2)
EXTERNALLY
Secure garage with electric roller shutter. Parking for 3-4 cars.
Leasehold:
A new Lease is available at a commencing annual rental of £18,250
Rateable Value:
Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value is £11,250. However this figure cannot be relied upon and if necessary a written request should be made to the Local Authority for confirmation. The Uniform Business Rate for the Rates Year 2010/2011 is 41.4p.
As a new occupier rights of appeal may exist against the assessment shown above. For further information please contact our Rating Department.
Value Added Tax:
Figures quoted exclude VAT where chargeable.
Lease Terms:
Term of years to be agreed (minimum 3 years) on an FRI basis
Legal Costs:
The Tenant will be responsible for the Landlord’s Legal Fees incurred in the preparation, settling and completion of the Lease plus any VAT and Stamp Duty.
Viewing:
Strictly by appointment with this office.
Reviews:
3 yearly Rent Reviews.
The particulars given in respect of this property are believed to be correct but their accuracy cannot be guaranteed and they are expressly excluded from any contract.
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