SITUATION
The property is situated on Sandmere Road in Leechmere Industrial Estate, Sunderland. Leechmere Industrial Estate is located approximately 2 miles south of Sunderland City Centre and circa 12 miles north east of Durham City Centre. Access to the A19 trunk road is 3 miles south of the industrial estate and within close proximity to A1 (M).
Surround occupiers include ASDA superstore, Howdens Joinery, City Electrical Factors and Plumb Centre.
DESCRIPTION
The property comprises two workshop units of brick construction with corrugated steel cladding and pitched roof, with extended office space to the front of the units of traditional brick and block construction with flat roof. The offices benefit from roller shutters to the front and vehicular access can be gained to the workshop via concertina steel shutters.
ACCOMMODATION
The accommodation comprises:
Total Gross Internal Area
692.0m²
(7,451ft)
TERMS
The property is available by way of a new FRI lease for a term of years to be agreed at a rental of £30,000(Thirty Thousand Pounds) per annum.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Workshop &
£21,250
£10,242.50
Premises
We are advised that the rateable value of the premises as at 1 April 2010 is £21,250 and we have estimated the accrual rates payable for the current year above. This is based on the Standard Business Rate of 48.2p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.