25 westgate & 14 the forum - Realla

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25 WESTGATE & 14 THE FORUM Stevenage, Hertfordshire, SG1 1EH

RETAIL UNITS  Prime Town Centre location 25 WESTGATE - 857 sq ft (79.6 sq m) 14 THE FORUM - 1,312 sq ft (121.8 sq m)

TO LET/MAY SELL

 Return frontage into Westgate Shopping Centre  Self Contained 

T: 01438 316655 W: www.brownandlee.com

Location

Rates

Stevenage is a major commercial and retailing centre approximately 30 miles north of London and is readily accessed via junction 7 and 8 of the A1 motorway.

We understand from the Valuation Office Agency website (www.voa.gov.uk) that the property as a whole has a rateable value of £106,000 (this will be split). The UBR for 2016/17 is 49.7p in the £. Rates payable may be subject to transitional arrangements and/or small business relief, which should be verified with the Charging Authority. Assessments may be subject to appeal.

The town centre benefits from excellent transport connections being situated on the East Coast mainline with direct services to London King’s Cross in 20 minutes and a short distance of both Luton and Stansted airports. The property is situated in a prominent position on The Forum with Unit 25 having a return frontage into the Westgate Shopping Centre.

Legal Costs

Nearby occupiers include Tesco, BHS, Iceland, New Look and HMV and occupiers within the Westgate Shopping Centre to include River Island, H&M, Miss Selfridge, Dorothy Perkins and Moss.

Energy Performance Certificate (EPC)

Description

VAT

The property comprises of ground floor retail units with sales area to the front and ancillary accommodation to the rear. The properties both are serviced via dedicated loading areas at the rear.

Each party to be responsible for their own legal costs incurred in this transaction.

The Energy Performance Asset Rating is D-86. A copy of the EPC is available on request.

Unless otherwise stated all prices and rents quoted are exclusive of Value Added Tax. Any intending lessees or purchasers must satisfy themselves as to the incidence of VAT in respect of any transaction.

Accommodation 14 The Forum Approx total net internal area

1,312 sq ft

121.8 sq m

857 sq ft

79.6 sq m

25 Westgate Approx total net internal area

Terms The units are available on Full Repairing & Insuring leases for a term to be agreed at the following rentals:Unit 25 Westgate - £35,000 Unit 14 The Forum - £42,000 All of the above are per annum exclusive

Service Charge The cost of the current service charge for Unit 25 Westgate is th rd £3,921.30 for the period 24 June 2015-23 June 2016.

For further information, please contact: Viv Chisem T: 01438 794595 M: 07970 819375

E: [email protected] W: www.brownandlee.com

Brown & Lee Commercial Surveyors LLP 15 Meadway Court, Rutherford Close, Stevenage, Hertfordshire, SG1 2EF |Ref: 10165 In association with: Brown & Lee Aylesbury, Milton Keynes & Bedford Every effort has been made to ensure that these particulars are correct but their accuracy is not guaranteed and they do not form part of any contract. All prices and rentals are quoted exclusive of VAT | Regulated by RICS