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20 Flottergate, Freshney Place Shopping Centre, Grimsby

Excellent prime corner location

Long Prominent Return Display Window

Location

The property occupies a fantastic corner location situated on prime Friargate, with a long and prominent return frontage on to Flottergate Mall.

BHS are immediately adjacent and other nearby retailers include House of Fraser, Mothercare and Card Factory.

Accommodation

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

Demise Sq. ft. Sq. m.
Ground Floor Sales 1,000 93
Ground Floor Store 226 21

The unit is arranged over the ground floor only.

Rent

A commencing rental required in the order of £69,500 per annum exclusive.

Tenure

Subject to securing formal vacant possession, 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.

Business Rates

We understand that the unit is assessed under the 2010 revaluation at £69,500. From 1 April 2012 the Rates Payable will be £31,831 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.

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.

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