Commercial Property to rent

Unit 10, Bear Lanes Shopping Centre, Newtown, Powys, SY16

£2,083 pcm

Property Description

Key features

  • On Instructions of Threadneedle Property Investments Limited
  • Ground Floor Lock-Up Retail Premises
  • Modern Shopping Centre with Dorothy Perkins,
  • WH Smiths, Peacocks, New Look, Clintons, Clarks
  • Ground Floor Sales Area 105 sq.m. (1,129 sq.ft)
  • First Floor Storage Area 115 sq.m(1,244 sq.ft)
  • Commercial EPC - C

Full description

On Instructions of Threadneedle Property Investments Limited. Ground Floor Lock-Up Retail Premises. Modern Shopping Centre with Dorothy Perkins, WH Smiths, Peacocks, New Look, Clintons, Clarks. Ground Floor Sales Area 105 sq.m. (1,129 sq.ft). First Floor Storage Area 115 sq.m (1,244 sq.ft). Commercial EPC - C (64). Joint Agents: Dylan Jones Retail LLP.

Location - The premises are situated within Bear Lanes Shopping Centre which is a modern open air Shopping Centre providing the focus point of all main retailing activity within the Town Centre.
Retailers within the Centre include Dorothy Perkins, Clinton Cards, Clarks, Peacocks, Carphone Warehouse, Superdrug and New Look.

Accommodation - The property comprises a retail unit providing ground floor sales accommodation together with first floor storage and rear servicing. The property benefits from a prominent return footage.

The property affords the following approximate areas:-

Internal Width: - 7.93m (26'0").

Shop Depth: - 12.54m (41'2").

Ground Floor Sales Area: - 105 sq.m (1,129 sq.ft).

First Floor Area: - 115 sq.m (1,244 sq.ft).

Rent - £25,000 per annum exclusive of VAT, business rates and service charge for the ground floor only.

Service Charge - For the whole building the service charge is £7,538.

A service charge is payable in respect of the maintenance and upkeep of the Centre.

Terms - The premises are available by way of a new effective full repairing and insuring lease subject to service charge provisions, for a term of years to be agreed. Alternatively a short term letting would be considered.

Available From - The current Tenant will require two months notice to vacate the premises, during which time a new lease can be prepared.

Temporary Letting - Consideration would be given to granting a temporary occupation of the property.

Business Rates - Rateable Value - £22,750

This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the Local Authority.

Local Authority - Powys County Council, Neuadd Maldwyn, Severn Road, Welshpool, Powys, SY21 8AS. Tel: 0845 602 7030

Legal Costs - Each Part to be responsible for their own legal and professional costs.

Commercial Energy Performance Certificate - A full copy of the Commercial EPC is available on request or from our website.

Referral Fee - Purchasers/Tenants of commercial properties may be referred to Fair Utilities. It is their decision whether to choose to deal with Fair Utilities. Should they decide to use Fair Utilities we would receive a referral fee of £100.00 including VAT from them for the referral.

Viewing - By appointment with the Agents.

Website - To view a complete listing of properties available For Sale or To Let please view our website www.morrismarshall.co.uk. Our site enables you to print full sales/rental particulars, book viewings, register your requirements on our mailing list and arrange a valuation of your property.

Joint Agents - Dylan Jones Retail LLP
Contact: Dylan Jones
Dylan@dylanjonesretail.co.uk
Tel: 01443 445863

Morris Marshall & Poole - 01686 626160
Ref: 2017/C KAE 03/17
Unit 10 Bear Lanes


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Newtown (0.3 mi)
  • Caersws (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morris Marshall & Poole, Newtown

10 Broad Street, Newtown, Montgomeryshire, SY16 2LZ

01686 514003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Newtown (0.3 mi)
  • Caersws (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morris Marshall & Poole, Newtown

10 Broad Street, Newtown, Montgomeryshire, SY16 2LZ

01686 514003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Permitted payments may apply when renting a property in England or Wales. For more details please go to the Tenancy Info link (alongside the advertised rental price) or contact the agent.

Property reference 26968657. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Morris Marshall & Poole, Newtown.

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