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Hebburn Shopping Centre

£9,500 pa| £792 pcm fees apply

Property Description

Letting information:

Added on Rightmove: 21 June 2016 (210 days ago)

Key features

  • Popular shopping centre location
  • Local and national operators
  • Size from 49m (527ft) - 621m (6,110.6ft)
  • Extensive free parking
  • New EFRI Leases available
  • Rents from 9,500 per annum exclusive

Full description

SITUATION
Hebburn Shopping Centre benefits from excellent road communications and public transport links with the A185 running through Hebburn and the Metro Station approximately 200 yards away. Hebburn has a population of circa 25,000 people. The town centre is dominated by The Hebburn Shopping Centre which also incorporates extensive free car parking next to the new leisure centre.

DESCRIPTION
The Shopping Centre has a number of units of various sizes and rental levels available to let all of which benefit from servicing access to the rear and security roller shutters. Current occupants include Greggs, Ladbrokes, Boots, Savers, Farm Foods, Subway, Coral along with other local retailers.

ACCOMMODATION
The property has been measured in accordance with the latest edition of the RICS Code of Measuring Practice and has the below approximate Net Internal Area (NIA):

Unit                                     M<sup>2</sup>              Ft<sup>2</sup>                Rent (Exc VAT)                      Rateable Value             EPC
St James
Mall
5                                       159.5        1,717                   £15,000                                    £7,900                      D94
17                                     223.9        2,410                   £16,750                                  £11,250                      D98
19                                     397.2        4,275                   £16,750                                  £13,500                      D98
22                                     110.2        1,186                   £12,750                                    £7,300                       D97
24                                     103.7        1,116                   £12,750                                    £8,900                       D94
26                                       78.7           847                    £12,750                                   £7,300                       D87
30                                       49.0           527                    £11,000                                  £11,250                      D94
St John’s
Precinct
3                                         59.7           643                      £9,500                                   £4,150                         TBC
9                                         60.9           656                      £9,500                                   £4,300                         TBC
14                                    136.2        1,466                    £16,750                                   £5,900                         TBC
15                                      80.3            864                    £10,500                                   £4,350                         TBC

TERMS
Units are available by way of new Full Repairing and Insuring terms via a service charge and contracted out of the Security of Tenure & Compensation Provision of the Landlord and tenant Act 1954.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

VIEWING
For general enquiries and viewing arrangements please contact Kristian Sorensen at sole agents Bradley Hall Chartered Surveyors.
Tel: 0191 232 8080
Email: Kristian.sorensen@bradleyhall.co.uk
Or Joint Agents – Sanderson Weatherall

 

 

 


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