LEASEHOLD AVAILABLE

The available space comprises ground and basement floors providing the following net approximate dimensions and areas: Tenure The property is held on an FRI lease expiring 18th September 2027. The next rent review is 18th September 2017. The passing rent is £110,000 per annum exclusive. Terms Offers invited on a new sublease for a term to be agreed at a rental of £110,000 pax. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £82,500 and the rates payable are £41,002.50 pa. The UBR for 2016/2017 is 49.7p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The subject property is located in a prime position on Queen Street close to the entrance of the Westgate Centre which is in the process of being redeveloped and will benefit from a new John Lewis anchor and circa 800,000 sq ft of retail space opening Autumn 2017. Nearby occupiers include TopShop, Accessorize, Marks & Spencer and Halifax. A street traders plan is on the reverse of these particulars.

Sizes and Measurements

Total Size

1,364sqft

Sales Area

1,033sqft

Sales Width

9 ft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,033sqft

Status

Available

Available from

Now

Basement Ancillary

Details

Non-Sales

Size

331sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

18/09/2027

Lease type

New

For rent

Price On Application

UBR

47.9p

Ratable Value

£82,500.00

Business Rates

£39,517.50/pa

Specification

  • LEASEHOLD AVAILABLE
  • RARE OPPORTUNITY

Floorplan

OXFORD QUEEN STREET 29.GOAD

Photos

OXFORD QUEEN STREET 29.PIC

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