Leasehold Available

The property compromises ground floor retail space with storage, staff and ancillary accommodation. Tenure The property is held on a lease expiring 31st March 2026 held outside the security provisions of Landlord & Tenant Act 1954 with a break option on the 31st March 2021 and rent review scheduled for 1st April 2021. Rent A passing rent of £153,500per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £152,000.00 and the rates payable are £74,936.00 pa. The UBR for 2018/2019 is 49.30p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The subject premises are located on a prime position on The Arcade upper level. The unit benefits from being close to the main access point into the centre via the footbridge. The unit is well situated on the first floor adjacent to Thornton’s. Nearby brands include Zara, River Island & Reiss.

Sizes and Measurements

Total Size

554sqft

Sales Area

554sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

554sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease type

Assignment

For rent

Price On Application

UBR

49.3p

Ratable Value

£152,000.00

Business Rates

£74,936/pa

Specification

  • A1 Retail Unit
  • Prominent location
  • Incentives available subject to covenant

Floorplan

35 THE ARCADE_ MEADOWHALL SHPPING CENTRE_ SHEFFIELD

Photos

35 THE ARCADE_ MEADWHALL SHOPPING CENTRE_ SHEFFIELD

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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