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Unit 54 Second Floor, Hull, HU2 8LN
Use Class
E(b)
Size
3,500 sq ft
Rent pa
£60,000
Market Sector
Shopping Centre
Landlord
British Land Company PLC
Description
Hull dominates its retail catchment attracting 75% of shopping trips in the primary catchment area. St Stephens has changed the face of retailing in Hull since its opening in 2007. The scheme is now the prime shopping location in the city and comprises over 500,000 sq ft of retail and leisure space along with a hotel and theatre. St Stephens is anchored by Tesco and other key retailers include Next, H&M, Zara, Topshop, Cult, River Island and Oasis.
Location
Unit 54 occupies a prominent location adjacent to Reel Cinema on the first floor level of St Stephen's. Nearby restaurants include Prezzo, Nandos and Burger King.
Key Information
Viewing
Strictly by appointment.
Legal
Subject to VP
Accommodation
3,500 Sq.Ft
Fully fitted restaurant premises
Additional Contacts
Asset Managers
Center Managers
St Stephen's Shopping Centre
Financial
Lease Type
New Lease
Lease Term
To be agreed
Rent
Rent is exclusive of rates, service charge, insurance and VAT (if applicable).
Rent Review
Next review date 2010/0/00
Rates
We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Service Charge
The current service charge estimate is £12,579 pa
Tenure
Leasehold
Rates
This Property is Part of a Shopping Centre
St Stephen's
The mixed-use destination of St Stephen’s provides one of Hull’s most popular attractions with 9.1 million visitors each year. Featuring leading stores including Flannels, Superdry, H&M, Next, TK Maxx and more. Its world-leading leisure includes the seven-screen Reel Cinema, Fun Station, Lost City Golf, Rock Up climbing (which includes a soft play area and a baby section for under-twos), Gravity Trampoline Parks, a Holiday Inn Express and the Hull Truck Theatre, it’s easily accessible via rail and bus thanks to its central location. In 2023, the shopping centre hosted Christmas enlivenment including a pop-up market, a free concert and festive lights. St Stephens offers 800 car parking spaces (including parent-and-child parking, greener electric charging points and 20 disabled bays and an extra-wide dementia friendly space. The shopping centre is part of the Safe Spaces scheme for people who need support and also offer free wheelchair loans. All of St Stephen’s electricity in common areas comes from photovoltaic panels and energy use has been reduced by 40% since 2010, saving occupiers £383,100 and cutting carbon by 2,500 tonnes. One million litres of rainwater are harvested each year and 15 tonnes of food waste recycled through the food-to-water treatment plant on site. Over 200 unemployed young people have benefited from retail training at St Stephen’s since 2007, through an award-winning ‘Get Into Retailing’ programme. The centre works closely with local charities and the community including Hull Children’s University, Hull FC Community Foundation and Stepney Primary School. 690 children have taken part in fun, educational literacy events at St Stephen’s since 2013, through the partnership with the National Literacy Trust.
Disclamier
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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