Office to let in 45-46 John Street, Sunderland SR1

Location
The property is located within the Sunniside, the main professional area of the city immediately adjacent to McKenzie Bell and opposite Ben Hoare Bell Solicitors with TSB, Your Move, Michael Hodgson and Virgin Money also within very close proximity. Sunderland central station is within short walking distance and is currently undergoing a multi-million redevelopment programme to demolish and redevelop the southern entrance in Atheneum Street. The Museum and Winter Gardens and the main shopping centre are also within very close proximity.

Description
The property comprises 2 adjoining and interconnecting 4 storey office buildings arranged over ground, lower ground, first and second floors. The second floor has a full width dormer window to the front elevation and the building is dda compliant from the rear car park which is secure car park benefiting from 2/3 car parking spaces. To the rear car park is a modern single storey office/store with WC which could potentially be demolished to increase car parking.

Accommodation
The property briefly comprises as follows:-

ft2 m2
Ground Floor
Offices 1137 105.63

361 33.54

First Floor
Offices 1183 109.90

Second Floor
Offices 1077 100.05

Lower Ground Floor
Offices 1137 105.63

total 4895 454.75

Externally
Secure car park with 2/3 spaces. Scope to increase parking with potential demolition of single storey building.

Tenure
A new lease is available on terms to be agreed at a commencing annual rental of £32,500 for a term of years to be agreed (minimum 3 years). The lease will exclude the provisions of the Landlord and Tenant Act 1954.

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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• VAT
Figures quoted exclude VAT where chargeable.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £32,000. The Uniform Business Rate for the Rates Year 2023/2024 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

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 C4108 EPC Energy Rating 114/E

Agents Note
Our client may consider a lease of each property separately subject to agreement on terms.