Cushman & Wakefield

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  • Chris Baker

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

Unit 19, Eastgate Shopping Centre

Basildon, Essex, SS14 1EB

Unit 19, Eastgate Shopping Centre - Photo

Size

1,198 sq ft, (111 sq m)

Lease Type

New Lease

Rent

£55,000 pa

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.

Location

The subject unit occupies a prime trading position adjacent to H&M. Other nearby retailers include Deichmann, HMV, Claire’s and The Fragrance Shop.

Tenure

Leasehold

Accommodation

  • Areassq ftsq m
  • Ground Floor1,198111.29
  • Total Size1,198111.29

Rates

  • Rateable Value: £63,500
  • UBR: 49.70p/£
  • Rates Payable: £31,560

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 £14,032 per annum plus insurance of £495 per annum and a marketing contribution of £862 per annum plus VAT.

Viewing

Strictly by appointment.