Lease Available

The premises are arranged over ground floor with the following approximate floor area: Tenure The premises are held on an FRI lease expiring 28th September 2021 with five yearly rent reviews at a rent of £350,000 per annum exclusive. Terms Offers invited. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £275,000.00 and the rates payable are £131,725.00 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

The premises are located in a prominent position adjacent to New Look within Drakes Circus, Plymouth’s principal retail destination.  Other nearby retailers include Boots the Chemist, Mountain Warehouse, HMV, The Carphone Warehouse and Ernest Jones.  A street traders plan is on the reverse for ease of reference.

Sizes and Measurements

Total Size

6,877sqft

Sales Area

6,877sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

6,877sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

28/09/2021

Lease type

Assignment

For rent

£350,000/pa

UBR

47.9p

Ratable Value

£275,000.00

Business Rates

£131,725/pa

Specification

  • LARGE WELL CONFIGURED SPACE
  • SUBLEASE AVAILABLE AT £250,000

Floorplan

Photos

PLYMOUTH DRAKE CIRCUS UNIT 19.PIC

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