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Unit 14 Festival Park Outlet Shopping & Leisure Ebbw Vale

Prime Shop to Let | 1,500 sq.ft

pdf Ebbw Vale Unit 14 (819 KB)

Location

The 100,000 sq ft Festival Park Outlet Shopping & Leisure Centre is set in 75 acres of award winning parkland. The Centre comprises over 40 shop units and benefits from an annual footfall of 1.7 million per year and 863 free car parking spaces. Festival Park also provides the UK’s longest Supertubing run; South Wales’ largest free children’s play castle “The Red Dragon’s Adventure Castle”, the popular Ebbw Vale Owl Sanctuary; and Mary’s Garden Centre.

The Centre is anchored by Sports Direct and Gap with other tenants including Dickies, Mountain Warehouse, Pavers, Holland & Barrett, Poundland, Costa and Massarellas amongst others.

Accommodation

The premises provide the following approximate net internal floor areas:-

Floor sq.m. sq.ft.
Ground Floor 139.35 sq.m (1,500 sq.ft)

Terms

The shop unit is available on a new effectively full repairing and insuring lease, which will include a service charge provision.

Base Rent & Turnover Rent

£30,000 or 10% of net annual turnover, whichever is the greater, exclusive of service charge, promotional costs, business rates and VAT

Service Charge

Service Charge is £12,330.90 for 2018/19, with promotional costs of £2 per sq ft or 2% of the net turnover

Rates Payable

Rateable Value (2017) £28,250
UBR 0.491p
Rates Payable £13,871
Interested parties are advised to make their own enquiries with the Local Authority (Tel: 03000 501 501) or visit www.voa.gov.uk.

Costs

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 where applicable.

EPC

The property has an EPC rating of E (119) A copy of the EPC is available upon request.

Viewing

Strictly by prior arrangement with Nick McAllester of this office or alternatively contact our joint agents CHD Property (Tel:0207 734 2080).

Nick McAllester:

Subject To Contract & Without Prejudice

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 1,500
  • Area m sq: 139.35
  • Location: Ebbw Vale