Cushman & Wakefield

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  • Chris Baker

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

Unit 18, Eastgate Shopping Centre

Basildon, Essex, SS14 1EB

Unit 18, Eastgate Shopping Centre - Picture 1

Size

2,274 sq ft, (211 sq m)

Lease Type

New Lease

Rent

£55,000 pa

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

Use Class

A1

Lease Term

The property is available on a new lease for terms to be agreed.

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 prominent trading location close to H& M Hennes, New Look, HMV and River Island.

Tenure

Leasehold

Accommodation

The premises are arranged over ground and first floor.

  • Areassq ftsq m
  • Ground Floor1,157107.48
  • First Floor1,117103.76
  • Total Size2,274211.24

Rates

  • Rateable Value: £66,500
  • UBR: 49.70p/£
  • Rates Payable: £33,051

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 £26,939 per annum plus insurance of £858 per annum and a marketing contribution of £1,655 per annum plus VAT (if applicable).

Viewing

Strictly by appointment.

Staff are unaware.