222-226 New Row, Telford, Shropshire, TF3
£31.91 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,037 sq ft
189 sq m
- SECTOR
Retail property shopping centre to lease
- USE CLASSUse class orders: Class E
E
Lease details
- Lease available date:
- Ask agent
Key features
- Prime corner location situated on New Row
- Nearby occupiers include M&S, Primark, Next, Frasers, River Island an H&M
- Shell condition with no shopfront.
- Visit for further details about Telford Centre
- Ground floor 2,037 sq ft
- Base rent of £65,000 per annum exclusive plus turnover rent
- Class E
- Unit available by way of assignment
- RV £49,750
- Please see link below for full details
Description
Prime corner location situated on New Row, with nearby occupiers including M&S, Primark, Next, Frasers, River Island an H&M.
Unit in shell condition with no shopfront.
Further details about Telford Centre including the wider centre brand map can be found on
Demise:
Ground floor 2,037 sq ft (189 sq m)
First floor 474 sq ft (44 sq m)
Base Rent & Turnover Rent:
Base rent of £65,000 per annum exclusive, or 7% of gross turnover net of rent, whichever is the higher.
Lease:
The subject premises are available by way of an assignment, subject to Landlord's consents. An existing lease (ex Act) is in place for a term through to 14th June 2038 with no break options. 5 yearly rent reviews index linked in line with CPI with a collar and cap of 1% and 2.5%.
Service Charge:
On-account service charge for 2024 stands at approximately £22,757 excluding VAT.
EPC:
To be confirmed.
Legal and Professional Fees:
Each party are to bear their own costs.
Rating Assessment:
Rateable Value (April 2023) - £49,750.
Brochures
222-226 New Row, Telford, Shropshire, TF3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Telford Central Station0.4 miles
- Oakengates Station1.1 miles
- Shifnal Station3.3 miles
Notes
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