Location
The unit is located opposite Marks & Spencer, with other nearby retailers including H&M, Zara, Massimo, Dutti, Hugo Boss, Tommy Hilfiger and Jigsaw.
Accommodation
The accommodation comprises a ground floor retail unit providing the following approximate floor area.
| Ground Floor Sales | 2,051 sq ft | 190.5 sq m |
Lease
The premises are held by way of an existing 15 year lease from January 2001, expiring in January 2016, contracted inside of the Landlord and Tenant Act 1954. The January 2011 rent review is currently outstanding.
Rent
The passing rent is £360,000 per annum exclusive.
Business Rates
Rates Payable 2011/12: £95,260
Interested parties are advised to make their own enquiries with the Local Authority’s Business Rates Department.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Viewing
Staff are unaware of the impending disposal, and inspections should be arranged solely through Orme Retail. Please contact:
Jamie Orme: jorme@ormeretail.co.uk
Olivia Jackson: ojackson@ormeretail.co.uk
