Unit 58, The Glades
Bromley, Kent, BR1 1DN
1,605 sq ft, (149 sq m)
Base rental offers are sought in the region of £150,000 pr annum exclusive of service charge, insurance, rates and VAT, payable quarterly in advance.
The unit is available by way of a new 10 year lease subject to five yearly upward only rent reviews to 80% of the market rent. The rent payable will be the greater of the base rent or a percentage of gross turnover excluding VAT.
The Glades has an annual footfall of 20 million, with 79% of Bromley residents being in the most affluent ACORN categories.
The Glades comprises 144 retail units over two covered trading malls anchored by M&S, Debenhams, Zara and Boots and provides an excellent tenant mix including the likes of New Look, H&M, River Island and Apple.
The Glades Shopping Centre occupies 500,000 sq ft of retail and leisure space in the heart of Bromley. The Glades dominated the town centre retail and is easily accessible by car, bus and train providing Bromley's main 1,567 space car park.
Unit 58 is situated on the Lower Mall adjacent to EE and Aldo. Retailers in close proximity include M&S, Swarovski, Footlocker, The Perfume Shop and H Samuel.
The unit provides the following approximate dimensions and net internal floor area:
- Internal Width237.01
- Areassq ftsq m
- Ground Floor NIA1,605149.00
- Basement Ancillary63859.30
- Total Size2,243208.30
- Rateable Value: £114,000
- Rates Payable: £56,202
We are verbally informed that the premises are assessed as above. We would recommend that interested parties make their own enquiries via the Local Rating Authority.
Each party is to be responsible for their own legal costs.
The estimated annual service charge is £27,188 to the year ending 31st Dec 19 based on the GIA.