LOCATION
The subject property is located on Tavistock Road which lies approximately 800 metres south of Sunderland city centre. The premises occupies a prominent position on Tavistock Road which is perpendicular to Toward Road. The area benefits from a reasonable level of services and facilities together with good levels of footfall and passing trade.
DESCRIPTION
Formally occupied by “The Funky Indian” this basement restaurant occupies a prominent position on Tavistock Road. The premises benefits from two large open space function rooms with a bar reception, kitchen and staff office.
ACCOMMODATION
Basement Restaurant 287.7m² 3,096ft²
EPC Rating
C67
RATING ASSESSMENT
Description RV Estimated Rates Payable
Basement Restaurant £17,000 £8,160
We are advised that the rateable value of the premises as at 1 April 2017 is £17,000 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.
TERMS
Available by way of new lease terms £25,000 (Twenty Five Thousand Pounds) per annum.
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.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VIEWING
For general enquiries and viewing arrangements please contact Michael McGhin at Bradley Hall.
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