Retail premises to let in Angel Place Shopping Centre, Bridgwater TA6
£12,500 pa (£26.65/sq. ft. pa)
Interested in this property?
Call +44 29 2227 9926 *
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Location: Bridgwater is an expanding retail centre, located just off Junctions 23 and 24 of the M5. The town has a resident population within a 10-mile drive of 45,000. National retailers located within Angel Place Shopping Centre include Poundland, Wilko, Iceland, Peacocks and Holland & Barrett.
Accommodation: The premises are arranged over ground floor and provide the following approximate net internal floor area:
Ground Floor Sales 469 sq ft 43.57 sq.m - Interested parties are advised to check floor areas upon inspection.
Terms: The premises are occupied via a 5-year full repairing and insuring lease subject to a service charge. The lease began on 24th September 2016 and is due to expire on 23rd September 2021. Potentially, new lease terms may be able to be agreed with landlord, subject to covenant strength & lease terms.
Passing Rent: £12,500 per annum exclusive of VAT, Rates, Service Charge, Insurance.
Service Charge: It is estimated that the annual service charge year ending 31/08/2020 is £3,010.38
Legal costs: Each party is to be responsible for their own legal and professional costs incurred in this transaction.
Epc: Available upon request
Rateable value: Tbc (April 2017) / ubr: 0.512 (2020/2021)
(No rates payable until 1st April 2021)
Please note that as a result of the coronavirus outbreak, all retail, leisure and hospitality businesses with a rateable value of £500,000 or below will receive 100% non-domestic rates relief in 2020-21 until March 31st 2021.
Viewing & further information
Strictly by prior arrangement only with sole agents:
Ref: March 2021
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by DTR Surveyors, and do not constitute property particulars. Please contact DTR Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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