SHOP LEASE AVAILABLE

The property is arranged over ground floor only and comprises the following approximate dimensions and internal floor areas; Tenure The property is held on an effectively full repairing and insuring lease for a term of 10 years expiring 25th December 2024, subject to a rent review in December 2019. Rent The current passing rental is the higher of £278,000 per annum exclusive or 12% of turnover. Incentive Offers are invited for the benefit of this leasehold interest subject to covenant. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £255,000.00 and the rates payable are £122,145.00 pa. The UBR for 2017/2018 is 47.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Lakeside is situated approximately 20 miles east of Central London alongside Junction 30 and 31 of the M25 motorway. The property is located along the upper level of the shopping centre being in close proximity to a number of multiple retailers including Superdry, Apple, AllSaints and Next. A street traders plan is on the reverse of these particulars.

Sizes and Measurements

Total Size

3,055sqft

Sales Area

3,055sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

3,055sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

25/12/2024

Lease type

Assignment

For rent

£278,000/pa

UBR

47.9p

Ratable Value

£255,000.00

Business Rates

£122,145/pa

Specification

  • 100% PRIME PITCH OPPORTUNITY
  • STRICTLY CONFIDENTIAL

Floorplan

LAKESIDE GRAYS UNIT 243.GOAD

Photos

LAKESIDE GRAYS UNIT 243.PIC

Other properties in this area

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