Market Way, Exchange Shopping Centre, Greater Manchester, OL16

Location:
Rochdale Exchange Shopping Centre is the town's principal covered shopping centre extending to approximately 29,729 sq m (320,000 sq ft) with 850 on site car parking space.

The scheme is home to Poundland, River Island, WH Smiths, Boots, Home Bargains and Iceland.

The unit is located in a prime position close to the main entrance to the scheme. Nearby retailers include O2, Card Factory, EE and Costa.

Demise: Sq Ft Sq M
Ground Floor 1383 128.48
Storage 446 41.43

Rent:
We are seeking rental offers in the order of £35,000 per annum exclusive.

Tenure:
The unit is offered on a new 10 year full repairing and insuring lease, subject to an upwards only rent review at the end of year 5.

Business Rates:
The unit has a 2017 rateable value assessment of £39,500.

For further details visit Gov.uk or contact the business rates department at the local authority.

The chancellor has announced 100% rates relief on eligible properties for 12 months from 1 April 2020.

Service Charge:
The on-account service charge for the year 2018 stands at approximately £11,959.84.

EPC:
Energy Performance Asset Rating - D

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

VAT:
Unless otherwise stated, all prices/rents are quoted exclusive of VAT

Date Prepared:
February 2020

Subject to Contract