The 500,000 sq ft shopping centre is owned by Legal & General who have undertaken a £28.5m refurbishment to provide a full retail and leisure offer.
This includes the development of a new restaurant quarter at first floor level adjoining Vue Cinema for occupiers such
as Amelie, Chi, Burger Priest and Skewer and new stores for H&M and Decathlon.
Existing anchor stores in the scheme include the Debenhams, Next and Boots and the centre has 1,150 car parking spaces.
The unit is situated to the rear of the mall adjacent to H&M and opposite the new La Piazza mall café.
The premises are arranged on ground floor only with the following approximate dimensions/areas:
Internal Width 55 ft 3 in 16.85 m
Shop Depth 65 ft 5 in 19.94 m
Ground Floor 4,648 sq ft 432 sq m
The premises are available on an effectively full repairing lease for a term of years to be agreed.
The estimated service charge for the current year is £44,556.
The property has an energy rating C (68). The full report is available on request.
The Valuation Office Agency assessment on their website
(www.voa.gov.uk) is as follows:
RV (2017) £132,000
Rates Payable £87,193
However, interested parties are advised to make their own enquiries of the City Council (01223 457705) particularly with regard to transitional arrangements under the 2017 RV.
Each party to be responsible for their own legal costs incurred in the transaction.