Commercial property to let in Copperhouse Green, Lowfield Street, Dartford DA1

Key Points

Virtual Freehold (999 years)

Long Leasehold Also Available

Excellent Town Centre Location

New Build Units

Description

Copperhouse Green is an excellent opportunity to take on a long leasehold, virtual freehold on one of three remaining commercial units on Bellway’s attractive, new 549 home development in Dartford Town Centre.

Copperhouse Green is Bellway’s vibrant new mixed-use development in Central Dartford, comprising 549 new residential units and four commercial units. The scheme is exceptionally positioned to take advantage of Dartford’s excellent amenities, green spaces, and transport connections.

The commercial units will benefit from excellent foot traffic, owing to a heavily pedestrianised town centre and the 26 acres of riverside and landscaped gardens on offer in Dartford’s Central Park, which is conveniently located just behind the development. In addition, to the units providing immediate amenity offerings to the 700 new dwellings, the units will capture demand from the amenity starved neighbourhoods south of Dartford town centre.

Location

Copperhouse Green is a 10 minute walk to Dartford train station, which provides a range of services into London and Kent. The A282 (M25) is just 1.5 miles away by car and the A2 is less than 2 miles away.

Dartford will also directly benefit from the proposed £6bn Lower Thames Crossing, which will create a new bridge over the River Thames and create 3 new junctions on the M25, significantly easing congestion around the current crossing.

Availability_Text

The accommodation comprises the following areas:

Other Information

Planning
The proposed shop units have the benefit of planning consent for uses falling within Classes A1, A2 and A3 of the Use Classes Order.
The units will be delivered in “shell” form with capped-off services and glass shop fronts installed.
Tenants will be responsible for their own fit out.

Terms

The units to be sold virtual freehold on new 999 year leases.
Consideration may be given to letting the units on new full repairing and insuring leases subject to covenant strength and lease term.

Price/rent

For enquiries on the virtual freehold, the units are available at £325 per square foot.
For enquiries on the long leasehold, the units will be available on new effective full repairing and insuring leases for a term to be agreed subject to upward only rent reviews at five yearly intervals and at a rent of £25.00 per square foot.

Estate charge

Each of the units will contribute towards the estate charge of the development. Further details on request.

VAT

The purchase price (or rent) will be subject to VAT at the prevailing rate.

Business rates

Business rates are yet to be assessed. Interested parties are advised to make their own enquiries to the Dartford Borough Council Business Rates department.

EPC - To be completed.

Legal costs

Each party to bear their own legal costs incurred in this transaction. The prospective tenant/purchaser is to give an undertaking through their solicitors prior to the commencement of legal formalities for any abortive legal costs should they withdraw from the transaction.

Viewing

Strictly by prior appointment via the sole selling agents.