Location
The unit is situated in a good secondary trading location in the Swan Shopping Centre. The scheme is anchored by 110,000 sq ft Tesco Extra and benefits from 797 free car parking spaces. Other nearby retailers include Sports Direct, Brantano, Holland & Barrett and Just For Pets.
Size
The property is arranged over ground floor only, and comprises the following approximate area:
| Ground Floor Sales | 1,465 sq ft | 136.10 sq m |
Lease
The property is held by way of an existing FRI lease, due to expire 19th February 2022, at a passing rental of £35,000 per annum exclusive. The rent review due 20th February 2017 remains outstanding, further details available on application.
Terms
Our client is prepared to offer an extended rent-free period to assign their lease, subject to status.
Service Charge
The current service charge budget is £9,068 per annum.
Business Rates
Rateable Value £19,250
Interested parties should contact the Local Authority to confirm this figure, and obtain the exact rates payable figure.
EPC
An EPC is available on request. Unless otherwise stated all prices and rents are quoted exclusive of VAT. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction. Each party to be responsible for their own legal costs. Subject to contract.
Listed Features
- Parking
- Shopping Centre
- No FRI Lease
- General Retail
- Column Free
