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Unit 17 Angel Place Shopping Centre, Angel Place Shopping Centre, Unit 17, Bridgwater, TA6 3TQ
527 Sq Ft / Retail
Withdrawn - Last updated: 02 November 2022
Summary
Subject to Contract and Vacant Possession
Location
Bridgwater is located 12 miles north of Taunton, linked to the M5 motorway via junctions 23 and 24, which are within one mile of the town centre. Total population within the primary catchment is 68,000 persons (PROMIS). The town's population has grown rapidly, boosted by a new distribution facility on the town's outskirts. EDF Energy's proposed development of Hinkley Point would produce a significant further influx of population. The Angel Place Shopping Centre attracts circa 75,000 visitors per week, incorporating the main shoppers' car park of approximately 420 spaces and features national retailers including: Wilkinson, Iceland, Peacocks, Bon Marche and Holland and Barrett.
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
19,000 per annum exclusive of rates, service charge and VAT (if applicable).
Service Charge
The service charge to year ending 31 December 2017 is 5,320.64 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: 16,000UBR (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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