The property is comprised at ground floor only, with storage, staff and ancillary accommodation to the rear. Service Charge £48,500 per annum. Rent The passing rent is £285,000 per annum exclusive. Terms The premises are held by way of a lease expiring 22nd April 2028. There is a tenant only break option on 22nd April 2023. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £151,800.00 and the rates payable are £76,507.20 pa. The UBR for 2019/2020 is 50.40p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The subject premises occupy a 100% prime location within Upper Mall West. The property is adjacent to Rolex and is directly opposite H&M. Other retailers in the immediate vicinity include retailers such as Clarks, GAP, Topshop and Zara.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
- High specification fit out
- • 100% Prime location• Incentives available subject to covenant