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Unit 58 High Street, Bromley, BR1 1DN

1,605 sq ft
58, The Glades, Bromley - Picture 2019-01-23-09-34-09
Use Class

Use Class

E(a)

Size

Size

1,605 sq ft

Rent pa

Rent pa

POA

The Glades has an annual footfall of 20 million, with 79% of Bromley residents being in the most affluent ACORN categories.

The Glades comprises 144 retail units over two covered trading malls anchored by M&S, Debenhams, Zara and Boots and provides an excellent tenant mix including the likes of New Look, H&M, River Island and Apple.

The Glades Shopping Centre occupies 500,000 sq ft of retail and leisure space in the heart of Bromley. The Glades dominated the town centre retail and is easily accessible by car, bus and train providing Bromley's main 1,567 space car park. Unit 58 is situated on the Lower Mall adjacent to EE and Aldo. Retailers in close proximity include M&S, Swarovski, Footlocker, The Perfume Shop and H Samuel.

Accommodation

1,605 Sq.Ft

The unit provides the following approximate dimensions and net internal floor area:

Dimensions
Feet
Metres
Internal Width
23
7.01
Depth
77
23.46
Areas
Sq.Ft
Sq.M
Ground Floor NIA
1,605
149
Basement Ancillary
638
59.3

Financial

Lease Term

The unit is available by way of a new 10 year lease subject to five yearly upward only rent reviews to 80% of the market rent. The rent payable will be the greater of the base rent or a percentage of gross turnover excluding VAT.

Rent

Base rental offers are sought in the region of £150,000 pr annum exclusive of service charge, insurance, rates and VAT, payable quarterly in advance.

Costs

Each party is to be responsible for their own legal costs.

Service charge

The estimated annual service charge is £27,188 to the year ending 31st Dec 19 based on the GIA.

Rates

Rateable Year:
2018
Rateable Value:
£114,000.00
Rates payable:
£56,202.00

Sustainability

Energy Performance Certificate

C
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 31/01/2024