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54 Friargate, Freshney Place Shopping Centre, Grimsby
- Footfall in excess of 14 million shoppers a year;
- Anchor stores include House of Fraser, Marks & Spencer, Primark and Next;
The premises occupy a 100% prime and prominent position on Friargate with a return frontage along Haven Walk. The unit is situated adjacent to River Island and opposite Marks & Spencer, with Primark close by.
The premises comprise the following approximate net internal floor areas:-
|Demise||Sq. ft.||Sq. m.|
|Ground Floor Sales||1,025||95|
|First Floor Ancillary||360||33|
A commencing rental required in the order of £72,500 per annum exclusive.
The unit is offered on a new 10 year fully repairing and insuring lease, subject to an upwards only rent review at the end of year 5.
We understand that the unit is assessed under the 2010 revaluation at £62,500. From 1 April 2012 the Rates Payable will be £28,625 per annum.
Prospective tenants are advised to make their own enquiries to North East Lincolnshire Borough Council(Tel: 01472 313131) to verify the current rates payable.
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.
The current service charge for the 2012 period stands at £13,052.55