This property is no longer on the market
Retail property (high street)
Property description & features
LOCATION
Located in a prominent position in the centre of the Sea Road shopping area within easy reach of the sea front, Roker Park and the City centre. The property is in a mixed residential and retail area and is well served by local bus routes and is a short walk from Seaburn Metro Station which provides access to Newcastle and South Shields
DESCRIPTION
The property is an attractively presented shop fitted out with a front sales area. The shop is called All that Glitters trading as Tajeta.
This is a long established business with the current owner trading for over 20 years and is offered for sale because the owner is retiring.
The business is a retailer of greeting cards and small gift or fashion items. It will appeal to someone who wants a secure, long established business or has some experience in the card industry.
ACCOMMODATION
The property comprises: An end terraced property with a ground floor shop with a retail area and ancillary accommodation
Accommodation
It comprises:
Sales 33.5 sqm
Storage 3 sqm
AMENITIES
Features:
Suspended ceiling
Electric security roller shutter to front
Rear yard
TERMS
The property is occupied under a 5 year lease from December 2021
The current passing rent is £7000 per annum
The business is for sale to include: Fittings, fixtures and goodwill.
The asking price is £30,000 plus stock at valuation (Accounts available on request)
OUTGOINGS
The current rateable value is £7100
Rates payable £3542 per annum
Under current business rates rules most occupiers are entitled to small business rates relief discount from these figures, with many occupiers paying no rates what so ever. Interested should contact Sunderland Council Business Rates Department
VAT
No Vat is payable
VIEWING
Strictly by appointment through sole agents. Please ask for Stephen Jones
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Property reference 100568011018. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Alfred Pallas - Fulwell, Sunderland.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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