unit 5 st nicholas centre, edward benefer way, kings lynn, pe30 2hw
UNIT 5 ST NICHOLAS CENTRE, EDWARD BENEFER WAY, KINGS LYNN, PE30 2HW
F ully fitted retail warehouse unit on popular retail park
E xisting lease expires in September 2019 - Rent £67,500 per annum
502 sq m (5,400 sq ft) plus mezzanine
TO LET
O ther retailers on the park include Wickes, Farmfoods and Domino’s Pizza
LOCATION
RATES
The property occupies a prominent location on the well-established retail park St Nicholas Centre. The park has an extensive frontage to Edward Benefer Way (A1078) about 500m north of Kings Lynn town centre and railway station. Other retailers represented nearby include Wickes, Farmfoods, Domino’s Pizza and Home Bargains.
Charging Authority: Kings Lynn and West Norfolk Description: Retail Warehouse and Premises Rateable value: £71,000 UBR: 0.479 Period: 2017-2018
PROPERTY A mid terrace modern retail warehouse unit extending to about 501.70 sq m (5,400 sq ft) GIA with a good quality mezzanine (installed by the current tenants) extending to 455.20 sq m (4,900 sq ft). The unit is currently used as a supermarket with the mezzanine used as a café, bookshop and hairdressers. The property has been fitted out to a good standard and is available fitted out if required. There is a large 257 space surfaced car park to the front serving the retail park. EPC Rating: B46
ACCOMMODATION Having measured the property in accordance with the prevailing RICS Code of Measuring Practice we calculate that the property has the following floor area:Ground Floor
501.70 sq m
(5,400 sq ft)
Mezzanine
455.20 sq m
(4,700 sq ft)
Total GIA:
956.90 sq m (10,100 sq ft)
SERVICES
The Money Laundering Regulations 2007 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity and address, normally a photocard driving licence or passport and recent utility bill. BANKS LONG & CO for themselves and for the vendors or lessors of this property whose agets they give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessers and do not consitute part of an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of BANKS LONG & CO has any authority to make or give any representation or warranty whatever in relation to this property.
Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.
TENURE The property is available By Way of Assignment of a 15 year Full Repairing and Insuring Lease expiring in September 2019.
RENT The annual passing rent is £67,500 per annum. Please note the mezzanine was installed by the tenants with Landlord’s consent so is a tenants improvement and therefore disregarded for the purposes of calculating the rent at review/renewal for 21 years from the date of installation.
PREMIUM Offers are invited for the leasehold interest to reflect the provision of the mezzanine. The other fixtures and fittings are available by way of separate negotiation.
VAT
All mains services are connected to the unit.
VAT will be payable in addition to the rent at the prevailing rate.
TOWN AND COUNTRY PLANNING
LEGAL COSTS
Planning permission was granted in June 2011 for the use of the unit for food retail purposes (A1 Retail) (Ref no 11/01003/F), together with the creation of a mezzanine floor.
The ingoing tenant will be responsible for the Landlord’s existing tenant’s reasonable legal costs incurred in documenting the transaction.
VIEWING: To view the premises
and for any additional information please contact the sole agents.
Please note that the staff are unaware of the disposal so should not be approached directly.
Contact: James Butcher T : 01522 544515 E : [email protected] Ref. 8654/2016
F ully fitted retail warehouse unit on popular retail park
E xisting lease expires in September 2019 - Rent £67,500 per annum
502 sq m (5,400 sq ft) plus mezzanine
TO LET
O ther retailers on the park include Wickes, Farmfoods and Domino’s Pizza
LOCATION
RATES
The property occupies a prominent location on the well-established retail park St Nicholas Centre. The park has an extensive frontage to Edward Benefer Way (A1078) about 500m north of Kings Lynn town centre and railway station. Other retailers represented nearby include Wickes, Farmfoods, Domino’s Pizza and Home Bargains.
Charging Authority: Kings Lynn and West Norfolk Description: Retail Warehouse and Premises Rateable value: £71,000 UBR: 0.479 Period: 2017-2018
PROPERTY A mid terrace modern retail warehouse unit extending to about 501.70 sq m (5,400 sq ft) GIA with a good quality mezzanine (installed by the current tenants) extending to 455.20 sq m (4,900 sq ft). The unit is currently used as a supermarket with the mezzanine used as a café, bookshop and hairdressers. The property has been fitted out to a good standard and is available fitted out if required. There is a large 257 space surfaced car park to the front serving the retail park. EPC Rating: B46
ACCOMMODATION Having measured the property in accordance with the prevailing RICS Code of Measuring Practice we calculate that the property has the following floor area:Ground Floor
501.70 sq m
(5,400 sq ft)
Mezzanine
455.20 sq m
(4,700 sq ft)
Total GIA:
956.90 sq m (10,100 sq ft)
SERVICES
The Money Laundering Regulations 2007 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity and address, normally a photocard driving licence or passport and recent utility bill. BANKS LONG & CO for themselves and for the vendors or lessors of this property whose agets they give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessers and do not consitute part of an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of BANKS LONG & CO has any authority to make or give any representation or warranty whatever in relation to this property.
Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.
TENURE The property is available By Way of Assignment of a 15 year Full Repairing and Insuring Lease expiring in September 2019.
RENT The annual passing rent is £67,500 per annum. Please note the mezzanine was installed by the tenants with Landlord’s consent so is a tenants improvement and therefore disregarded for the purposes of calculating the rent at review/renewal for 21 years from the date of installation.
PREMIUM Offers are invited for the leasehold interest to reflect the provision of the mezzanine. The other fixtures and fittings are available by way of separate negotiation.
VAT
All mains services are connected to the unit.
VAT will be payable in addition to the rent at the prevailing rate.
TOWN AND COUNTRY PLANNING
LEGAL COSTS
Planning permission was granted in June 2011 for the use of the unit for food retail purposes (A1 Retail) (Ref no 11/01003/F), together with the creation of a mezzanine floor.
The ingoing tenant will be responsible for the Landlord’s existing tenant’s reasonable legal costs incurred in documenting the transaction.
VIEWING: To view the premises
and for any additional information please contact the sole agents.
Please note that the staff are unaware of the disposal so should not be approached directly.
Contact: James Butcher T : 01522 544515 E : [email protected] Ref. 8654/2016
