Cushman & Wakefield

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  • Chris Baker

    • T: 07818067131 (Mobile)
    • T: 02071525442 (Office)

Unit 6, Eastgate Shopping Centre

Basildon, Essex, SS14 1EB

Unit 6, Eastgate Shopping Centre - Picture 1

Size

711 sq ft, (66 sq m)

Lease Type

New Lease

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Use Class

A1

Lease Term

Subject to securing vacant possession the property is available by way a new effectively full repairing and insuring lease for a term of 10 years subject to a upward only rent review at the anniversary of the fifth year of the term.

Description

The Eastgate Centre is the only enclosed shopping centre situated in the heart of Basildon (54% of the total town centre). The centre provides approximately 750,000 sq ft of retail accommodation comprising over 100 shop units with footfall of 12 million per annum (year ending 2016), plus 1,700 parking spaces.

Debenhams, Primark and Asda anchor the Centre. Superdry, River Island, Deichmann, Next, TopShop, New Look, Pandora, Ann Summers and Pandora.

Location

The subject unit occupies a busy trading position adjacent to Tiana Marie Clothing nearby are H&M and HMV.

Tenure

Leasehold

Tenant

Thorntons

Accommodation

Ground floor lock up shop

  • Areassq ftsq m
  • Ground Floor71166.05
  • Total Size71166.05

Rates

  • Rateable Value: £50,500
  • UBR: 49.70p/£
  • Rates Payable: £25,099

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

The service charge for the year 2016 is £8,983per annum plus insurance of £387 per annum and a marketing contribution of £552 per annum plus VAT.

Viewing

Strictly by appointment.