RETAIL UNIT TO LET
Size : 1,687 sq.ft ( 156.73 m2 )
Location
The Baytree Shopping Centre is anchored by Wilko and Sports Direct. Other retailers in the scheme include EE, Card Factory, Claire's Accessories, Body Shop, WH Smith,Holland & Barret and Savers.
Accommodation
Ground floor retail unit with rear loading access. Approximate areas and dimensions as follows:
Internal Width 23'2" ( 7.06 m )
Retail Depth 72'10" ( 22.20 m )
Sales Area 1,687 sq.ft ( 156.73 m2 )
Kitchen/storage 540 sq.ft ( 50.17 m2 )
Total 2,227 sq.ft ( 206.89 m2 )
Terms
A new effectively full repairing and insuring lease for a term to be agreed subject to five yearly upward only rent reviews.
Rent
£60,000 per annum exclusive of VAT, business rates, service charge and all other outgoings. Rent is payable quarterly in advance on the usual quarter days.
Service Charge
Projected figure for the year ending 31st December 2020 is £6,257.84
Rates
Rateable Value £47,750
UBR (2019/2020) £0.491
Rates Payable £23,445
Please note that with effect from 01-04-2019 Retail Discount of one third may apply to these business rates for 2 years. Prospective tenants are advised to check their business rates liabilities with Brentwood Borough Council
Legal Costs
Each party to bear their own.
VAT
All rents and prices stated are subject to Value Added Tax.
Listed Features
- Shopping Centre
- General Retail
- Effective FRI Lease