Unit 7, Regent Walk - Redcar
LE67 3PW
- LOCATION
The unit is situated within the Regents Walk Shopping Centre, close to retailers such as Argos, Peacocks, New Look, Home Bargains & JD Sports etc., as can be seen from the goad plan extract.
Redcar has a population of 37,073 and a retailing catchment of circa 55,000, near to Middlesborough.
- ACCOMODATION
The accommodation itself consists of:-
- Ground Floor - 14,139 sq.ft. (1,313.5m2)
- First Floor - 15,699 sq.ft. (1,458.4m2)
- Total Area - 29,838 sq.ft. (2,771.9m2)
- DISPOSAL
An assignment is being sort for this departmental store, or an underlease,m on terms to be agreed.
- LEASE
The premises are held on a lease expiring September quarterday 2027 at a rental of £185,630.30 per annum, with 5 year rent reviews, with the next review being September quaterday 2017.
- PLANNING
Open A1.
- PROPOSAL
Offers are being sought for the Freehold.
- RATING
- Rateable Value: £181,000
- Rates Payable: £91,224pa (2019/2020)
This information is for guidance purposes only. Interested parties are advised to make their own rating enquiries.
- TIMING
Immediate.
- LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.
- VIEWING
Strictly by appointment with this agency or our joint agents.
All transactions stated are exclusive of VAT
SUBJECT TO CONTRACT
MISREPRESENTATION ACT 1967, NOTICE – Rothsay Properties themselves and for the vendors or llessors of the property whose agents they are, given notice that
- These particulars do not constitute any part of any offer or contract
- All statements contained in these particulars as to this property are made without responsibility on the part of Johnson & Company, their joint agents or the vendors or lessors
- None of the statements contained in these particulars as to this property are to be relied on as statements or representation fact.
- Any intended purchaser or lessors must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
- The vendors or lessors do not make or give and neither Johnson & Company nor any person in their employment has any authority to make or give any representation or warrantee whatever in relation to this property.
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