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Part of a retail

Portfolio | British Land

Retail Units & Shops

Greater London

Orpington

property

Unit 17, Nugent Shopping Park - Picture 1

Let

17 Nugent Shopping Park, Orpington, BR5 3RP

Owned by

Use Class

E(a)

Size

1,212 sq ft

Rent pa

POA

Market Sector

Retail & Shopping Park

Landlord

British Land Company PLC

Description

Tenants in the retail park include HMV, WH Smith, Costa, CPW, Mothercare, Mamas & Papas, Laura Ashley, Waterstones and Marks & Spencer who anchor the park.

Location

Nugent Shopping Park is a new 115,000 sq ft retail park development situated in Orpington an affluent south east town, in the London Borough of Bromley.

The park benefits from extensive surface car parking (321 spaces) and easy access from junctions 3 & 4 from the M25.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,212 Sq.Ft

The premises are arranged over ground floor level only and comprise the following approximate dimensions and net internal floor areas:

Dimensions

Feet

Metres

Internal Width

25.42

7.75

Shop Depth

46.29

14.11

Areas

Sq.Ft

Sq.M

Ground Floor Sales

1,092

101.44

Additional Contacts

Asset Managers

Center Managers

Broadgate Estates

Downloads

Brochure

Unit 17, Nugent Shopping Park - Brochure 1

Financial

Lease Type

Existing Lease

Lease Term

A 10 year effectively full repairing and insuring lease from the 2nd February 2007, at a current rent of £48,000 per annum exclusive of rates, service charge, insurance and VAT (if applicable).

Rent

The passing rent is £48,000pax.

Rent Review

Next review date 2012/2/00

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Incentive

Incentives are available subject to covenant status.

Tenure

Leasehold

Rates

Rateable Year:

2010

Rateable Value:

£43,000.00

Rates payable:

£17,802.00

UBR:

41.4p/£

This Property is Part of a Retail & Shopping Park

Nugent Shopping Park

A prime shopping park within Greater London comprising 26 stores for the likes of M&S, Next, Boots, Vision Express, Nando’s, Superdrug, JD and Five Guys.

Park Place RetailGreen Lane Real Estate

Disclaimer

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.