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Unit 8 Angel Place Shopping Centre, Angel Place Shopping Centre, Unit 8, Bridgwater, TA6 3TQ
1,194 Sq Ft / Retail
Withdrawn - Last updated: 02 November 2022
Summary
Shop to Let Subject to Contract and Vacant Possession
Location
Bridgwater is an expanding retail and distribution centre just off Junctions 23 and 24 of the M5 with a good network of local road communications, principally the A38 and the A39. The town has a resident population within a 10 mile drive of 45,000, which increases to 73,500 within a 15 minute drive time of the town centre. The scheme attracts circa 63,000 visitors per week.
The Angel Place Shopping Centre incorporates national retailers including Wilkinson, Poundland, Iceland, Peacocks, Bon Marche, and Holland & Barrett.
The subject unit forms part of the shopping centre which also fronts the High Street.
Lease Terms
The unit is available on a new, effectively full repairing and insuring lease by way of a service charge, for a term to be agreed.
Rent
25,750 per annum exclusive of rates, service charge and VAT (if applicable).
Service Charge
The service charge to year ending 31 December 2017 is 5,835.51 plus VAT.
Rating Assessment
We are advised by the Valuation Office website that the premises are presently assessed for rating purposes as follows:Description: "Shop and Premises"Rateable Value: 22,750UBR (2017/18): 46.6Interested parties should make their own enquiries of the Local Billing Authority to ascertain the exact rates payable and to determine the impact upon transitional rate relief on the premises. A change in occupation could generate an adjustment of the rating assessment.
Legal Costs and VAT
Each party is to be responsible for their own legal costs incurred in the transaction.All figures quoted are exclusive of VAT, where applicable.
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