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Retail Units & Shops

Shropshire

Telford

property

To Let

This property is part of an unsponsored shopping centres scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

35 Sherwood Street Telford Shopping Centre, Telford, TF3 4BX

Use Class

E(a)

Rent pa

£53,000

Market Sector

Shopping Centre

Description

Telford shopping centre is 1 million sq ft anchored by Debenhams, House of Fraser, M&S and Primark with other major national multiples including Zara, River Island, Next, New Look and H&M.

Location

Telford is located within the county of Shropshire. It has an estimated population of 165,000 and is approximately 30 miles West of Birmingham. Telford shopping centre is the only retail area in Telford and no town centre exists.

Key Information

Viewing

Strictly by appointment.

Accommodation

Areas

Sq.Ft

Sq.M

Ground Floor

585

54.34

Basement

540

50.16

Financial

Lease Type

New Lease

Lease Term

The property is available on a new lease, term to be agreed.

Rent

53,000 per annum

Costs

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

Service Charge

14,146 per annum

Tenure

Leasehold

Rates

Rateable Year:

2017

Rateable Value:

£69,000.00

Rates payable:

£33,051.00

UBR:

47.9p/£

This Property is Part of a Shopping Centre

The Telford Centre

The Telford Centre is a regional centre of more than 1 million sq ft. Telford Centre is one of the largest covered shopping centres in the UK. Key anchor tenants include Frasers, M&S, Primark, Next, River Island, H&M, Footlocker, JD Sports and Sportsdirect. The scheme is adjacent to Southwater which an impressive line up of eateries including Bella Italia, Zizzi, Nando’s, Pizza Express, Wagamama plus an 11 screen Cineworld cinema and a Premier Inn.

Wright SilverwoodLM

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.