Overview

Leasehold Available

The property is comprised at ground floor only, with storage, staff and ancillary accommodation to the rear. Tenure The property is held by way of lease expiring 29th January 2027. There is a tenant only break option on 29th January 2022. Rent The passing rent is £375,000 per annum exclusive. Service Charge £49,000 per annum. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £115,000.00 and the rates payable are £60,260.00 pa. The UBR for 2019/2020 is 52.40p. 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 occupy a 100% prime location on the ground floor of Westfield Stratford City, within the busiest part of the scheme. The unit is adjacent to Lush and opposite Fat Face. Other retailers in the immediate vicinity include H&M, Disney, Primark and JD Sports.

Sizes and Measurements

Total Size

2,189sqft

Sales Area

2,189sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,189sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease type

Assignment

For rent

£375,000/pa

UBR

52.4p

Rateable Value

£115,000.00

Business Rates

£60,260/pa

Service Charge

£49,000/pa

Specification

  • Ÿ100% prime location
  • High specification fit out
  •  Incentives available subject to covenant

Floorplan

ARCADE STRATFORD

Photos

THE ARCADE STRATFORD