25 westgate

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25 WESTGATE Stevenage, Hertfordshire, SG1 1EH

RETAIL UNIT

 Prime Town Centre location

857 sq ft (79.6 sq m)

 Return frontage into Westgate Shopping Centre

TO LET/MAY SELL

 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 has a rateable value of £21,250. The UBR for 2017/18 is 47.9p. 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 a return frontage into the Westgate Shopping Centre.

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

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 a ground floor retail unit with sales area to the front and ancillary accommodation to the rear.

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.

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

The property is serviced via dedicated loading area at the rear.

Accommodation Approx total net internal area

857 sq ft

79.6 sq m

Terms The unit is available on a Full Repairing & Insuring lease for a term to be agreed at a rental of £35,000 per annum, exclusive.

Service Charge The cost of the current service charge is £3,921.30 for the period 24th June 2015-23rd 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: 10216 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