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8 East St 658 SF Retail Building Sunderland SR6 7BX $66,724 ($101.41/SF)



Investment Highlights
- Centrally located in Whitburn
- Quick links into Sunderland
Executive Summary
The Business is for sale for £50,000 to include fittings and furniture and goodwill. The property is occupied under a FRI lease expiring in 2030. There is a break clause in favour of the tenant in 2028. The passing rent is £8100 per annum with a rent review in 2028. Accounts and a copy of the lease are available on request
The current rateable value is £6400 Rates payable £2764. Under current business rate rules most occupiers are entitled to a Small Business Rates relief discount from these figures, with many occupiers paying no rates whatsoever. Interested parties should check with South Tyneside Council Business Rates Department prior to purchase/lease commencement.
The current rateable value is £6400 Rates payable £2764. Under current business rate rules most occupiers are entitled to a Small Business Rates relief discount from these figures, with many occupiers paying no rates whatsoever. Interested parties should check with South Tyneside Council Business Rates Department prior to purchase/lease commencement.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
658 SF
Building Class
B
Year Built
1975
Price
$66,724
Price Per SF
$101.41
Tenancy
Single
Building Height
1 Story
Parking
2 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
18’ on East Street
Amenities
- Security System
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Nearby Major Retailers
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8 East St
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