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Specialist Retail Unit F41 Metrocentre

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Specialist Retail Unit F41 Metrocentre Upon the instructions of intu properties plc. TO LET – SPECIALIST RETAIL UNIT F41 METROCENTRE GATESHEAD NE11 9YG TENURE The unit is available by way of a new 5 year effectively Full Repairing and Insuring Lease for a term certain of 12 months, subject to a monthly mutual rolling option to break the lease thereafter. The lease will be contracted out of the security of tenure provisions provided by the Landlord and Tenant Act 1954. Rent Reviews will be on an annual basis in line with the Retail Price Index (RPI). RATES With effect from 1 April 2010 the property is assessed for rating purposes as follows:- Rateable Value £40,750 UBR 2012/2013 45.8p Interested parties should verify the accuracy of this information and the rates payable with Gateshead Metropolitan Borough Council (Tel: 0191 433 3000). LOCATION LEGAL COSTS The Metrocentre is the principal regional shopping centre in The ingoing tenant is to be responsible for the Landlord’s legal the North of England and the largest covered shopping and costs incurred in connection with any transaction. Further leisure complex in Europe, providing in excess of 1.8M sq ft details upon application. of retail and leisure accommodation with over 9,250 free car parking spaces. The centre is anchored by Marks & CODE OF PRACTICE Spencer, Debenhams, House of Fraser and Odeon The landlord accepts the principles and will be flexible in Cinema, with other retailers including Primark, Zara, Apple considering alternative terms offered in accordance with the and Next. Commercial Lease Code of Practice. SITUATION ENERGY PERFORMANCE CERTIFICATE The unit is situated on the upper level of Metrocentre in The The Energy Performance Asset Rating is Band B (46). A full Village, an area characterised by its specialist users. This copy of the EPC is available for inspection if required. prominent unit is positioned in the Mall linking new Public Transport Interchange direct to the Green Mall and the VIEWING Centre itself. Strictly by appointment with Sanderson Weatherall, contact: Nearby occupiers include David Summerfield Boutique, Bob Fletcher Ben Cox Lauren Young Grainger Games, Sherlocks and Yankee Doodle Candy. 0191 269 0103 0191 269 0143 0191 269 0117 ACCOMMODATION E-mail: [email protected] The premises provide the following approximate areas and [email protected] dimensions:- [email protected] Sales Area 92.60 m² 997 sq ft Or alternatively: 2 Stores 12.47 m 134 sq ft Nigel Thompson/Will Hodge/Jack Mckinnon Lunson Mitchenall 020 747 84950 RENT The initial rent will be £50,000 p.a inclusive of service charge. RIF/BJC/123065 FEBRUARY 2013 22-24 Grey Street Newcastle upon Tyne NE1 6AD 0191 261 2681 Fax 0191 261 4761 www.sandersonweatherall.co.uk BRISTOL LEEDS LONDON MANCHESTER NEWCASTLE TEESSIDE Chartered surveyors and property consultants Note: For conditions under which particulars are issued see over FEBRUARY 2013 Misrepresentation Act 1967: Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agent it is give notice that:-1. These particulars do not constitute any part of an offer or contract. 2. None of the statements contained in these particulars as to the property(s) are to be relied on as statements or representations of fact. 3. Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither Sanderson Weatherall LLP nor any person in its employment has any authority to make or give any representation or warranty whatsoever in relation to the property. 5. None of the buildings services or service installations (whether these be the specific responsibility of the freeholder, lessor or lessee) have been tested and are not warranted to be in safe and working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of VAT. Property Misdescriptions Act 1991: Every reasonable effort has been made by Sanderson Weatherall LLP to ensure accuracy. Interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice. Sanderson Weatherall LLP Registered In England Company Number OC 344 770 Registered Office 25 Wellington Street Leeds LS1 4WG .
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