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Unit 68, Lower Precinct Shopping Centre Lower Precinct Shopping Centre, Coventry, CV1 1DS

£ 49,500 pa / 2,562 sq ft
Unit 68, Lower Precinct Shopping Centre, Coventry - Picture 2021-10-18-14-50-43
Use Class

Use Class

E(a)

Size

Size

2,562 sq ft

Rent pa

Rent pa

£49,500

Shop To Let - Next To New Clarks & Opposite River Island Flagships Store

The premises are arranged over ground and first floors

The premises are located in a prominent position on the upper mall within Lower Precinct Shopping Centre, adjacent to Trespass and the new Clarks. Lower Precinct benefits from a strong weekly footfall and a 524 space car park. Other occupiers located within the centre include H&M, Pandora, TJ Hughes, Flying Tiger and The Entertainer with River Island having recently opened a 12,000 sq ft flagship store

Key Information

Viewing

Viewing is strictly by prior appointment with the Joint Agents

Accommodation

2,562 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor (Sales)
1,070
99.4
Ground Floor Ancillary
265
24.6
First Floor
1,227
113

Financial

Lease Type

New Lease

Lease Term

The premises are available by way of a new effectively full repairing and insuring lease for a term of 10 years

Rent

Subject to contract, rental offers are invited in the region of £49500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Rateable Value (2017 Assessment) To Be Confirmed. Up to 100% relief may be applicable to certain commercial properties. Interested parties are advised to check with the local rating authority

Costs

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

Service charge

There is an annual service charge for the year end December 2021 of £27,775.31p plus an insurance payment, further details upon request

Tenure

Leasehold

Sustainability

An EPC will be provided within the legal pack.

About Coventry

Coventry

We have a wide range of retail property and shops to let in Coventry, as well as a selection of shopping centres, retail parks and leisure schemes to increase the visibility of your brand.

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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.

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This was last updated on 07/11/2022