Cushman & Wakefield

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  • Chris Baker

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

Unit 16 - 17, Eastgate Shopping Centre

Basildon, Essex, SS14 1EB

16 - 17, Eastgate Shopping Centre, Basildon - Photo

Size

3,498 sq ft, (325 sq m)

Lease Type

New Lease

Rent

£75,000 pa

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

Use Class

A1

Lease Term

10 Years

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.

The subject unit occupies a prime trading position adjacent to Hotshots and Virgin Media, other retailers in this section include H&M and HMV.

Location

The subject unit is located in a prominent position close to H&M, Claires, Virgin Media and Asda.

Tenure

Leasehold

Accommodation

Ground & First Floor Retail Unit within covered shopping centre.

  • Areassq ftsq m
  • Ground Floor1,579146.68
  • First Floor1,919178.27
  • Total Size3,498324.95

Rates

  • Rateable Value: £28,750
  • UBR: 49.70p/£
  • Rates Payable: £14,289

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 ending 2016 is approximately £39,316 per annum plus insurance of £1,398 per annum plus VAT.

Viewing

Strictly by appointment.

Staff are unaware.