Retail unit to let.
Location
Eastgate Centre occupies a prime location in the heart of Basildon, comprising 750,000 sq ft of retail accommodation including over 100 shops and restaurants, plus 1,700 car parking spaces and annual footfall of approx. 11.75m.
The scheme is home to national brands such as Primark, ASDA, New Look, JD Sports, Poundland, Starbucks, Deichmann, River Island, Superdrug, McDonald's, The Entertainer, Holland & Barrett and HMV.
The food terrace in anchored by McDonalds and also includes Taco Bell, Ned's Noodles, Subway & Burger King.
Accommodation
The unit comprises the following approximate net internal floor areas:
Ground Floor - 1,806 sq ft (167.78 sq m)
Terms
Lease - The property is available by way a new effectively full repairing and insuring lease for a term to be agreed, subject to an upward only rent review at the fifth anniversary of term commencement.
Rental - On application. Rent exclusive of service charge, insurance, utilities, business rates and VAT.
Business Rates - We are electronically advised by the VOA that the property is assessed as follows:
Rateable Value £28,500
Rates Payable (2024/2025) £14,222 Approx.
Service Charge & Buildings Insurance - Service Charge payable for the year 2024 is approximately £21,185 per annum, with insurance of £619 per annum, and a marketing charge of £744 per annum plus VAT
Energy Performance Certificate - The property has an EPC Rating of 70 (C). A copy of the EPC Certificate us available upon request.
Costs - All figures quoted are exclusive of VAT where applicable.