Available subject to Relocation
Available by way of Lease Assignment or Sub Lease
Confidentially Available - Staff Unaware
Meadowhall Shopping Centre is located 3 miles north east of Sheffield and consists of over 1.5m sq ft of retail space providing over 280 shops, anchored by House of Fraser, Debenhams and M&S. Footfall is around 30 million per year.
The subject premises occupy a prominent location at the Debenhams end of lower Park Lane, located between Costa and Gap, opposite Topman. Other nearby occupiers include Van Mildert, Pretty Green, Miss Selfridge and Urban Outfitters.
The premises are arranged on ground floor only and provide the following approximate floor area:
|Ground Floor Area||248.78 sq.m||(2,678 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 13th June 2019 at a passing rent of £240,000 pax.
The property can be made available by way of a lease assignment or by way of a new coterminous sub-lease.
There is an annual service charge payable which is currently £28,255.
From verbal enquiries, we understand the premises are assessed for rates as follows:-
|Rateable Value (2017)||£179,000|
Interested parties are advised to make their own enquiries with the Local Authority (Tel: 03000 501 501) or visit www.voa.gov.uk.
All figures quoted are subject to VAT where applicable.
The ingoing party is to be responsible for their own legal costs incurred in the transaction.
Appointments to view should be made strictly by prior appointment through Nick McAllester of this office or alternatively contact our joint agents RSR Properties (Tel: 0203 691 4384).