Available subject to Relocation
Available by way of a new Sub Lease
Confidentially Available - Staff Unaware
The subject premises are located in Riverside Shopping Centre adjacent to Pandora close to the entrance from pedestrianized Marlowes. Other occupiers nearby include Next, Monsoon, H&M and Debenhams.
Riverside is a c.300,000 sq ft open-air retail and leisure scheme set around the River Glade and provides the prime shopping experience in Hemel Hempstead, anchored by Debenhams and TK Maxx. The scheme also benefits from a 350 space multi storey car park.
The premises are arranged on ground floor only and provide the following approximate floor area:
|Ground Floor||362.9 sq.m||(3,907 sq.ft)|
|First Floor||197.9 sq.m||(2,131 sq.ft)|
(All measurements have been calculated in imperial and converted to metric).
The property is held by way of an effectively full repairing and insuring lease for a term expiring 29th September 2020 at a passing rent of £185,000 pax.
The property can be made available by way of a lease assignment or by way of a new coterminous sub-lease at a rent to be agreed.
There is an annual service charge payable which is currently £24,618.
From verbal enquiries, we understand the premises are assessed for rates as follows:-