Retail Property in The Albert Bar , Sunderland, SR1 1RH £1,200 Monthly

Property Ref: 12261

Location

The subject property is located on Fawcett Street in the center of Sunderland. Fawcett Street is a main shopping street in Sunderland and benefits from having various national retailers nearby, such as Lloyds Bank and Barclays Bank also the Bridges Shopping Centre which is less than 0.2 miles away.

The property is situated in a high footfall area with good passing trade, due to the direct bus routes and Sunderland Train Station being a short distance away. The property is near to excellent transport links. The new Sunderland Rail and Metro Station is just a short walk away with links to Newcastle, as well as numerous local bus routes accessible.


Description

The basement of Fawcett Street was used as a bar. It is very spacious with 482 sqm. Can host a large party or be used as a pub or various other businesses STPP. The video provided is for the basement. Photos also include part of the ground floor. It had a kitchen a long time ago but currently used as storage. Can be covered in the kitchen again with some work. The potiential space for kitchen converstion is about 50 sqm. This space is now taken.

The ground floor of nearly 240 sqm is currently splited into 2 seperate parts. The smaller part of about 100 sqm is now for new lease. It has a rateable value of 10,750 which is qulified for exapmtion if you are a small business. This space has large main street facing windows. It also has potential to build a large kitchen inside.
The bigger one with long hallway is open as a african restaurant with a rateable value of 11250. It is not included for lease, but current tenant is open for negotiation for sale of their business.

Property Type: Retail Property
Full Renting price: £1200.00
Pricing Options: Fixed Price
EPC rating: D
Measurement: 2583.34 sq.ft.
Heating Type: Electric Heating,Central

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• Bedroom(s)
• Bathroom(s)
• 0 Living Room(s)

Address: The Albert Bar , Sunderland, SR1 1RH.

Fixed Price: £1,200

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