NewRiver

Unit 46, King's Walk, Priory Meadow

Queens Road
Hastings, TN34 1PH

Use Class E

£30,000

Use Class

Rent pa

£30,000

Marketed by Colliers

Last updated 08/09/2021

Priory Meadow comprises the prime retailing pitch within Hastings as well as M&S and BHS anchor stores and a 1,100 space car park.  Recent new lettings undertaken to Deichmann, The Works, Schuh, Cards Direct and The Fragrance Shop.

The unit is situated adjacent to Vodafone.  Other occupiers nearby include M&S, WH Smith, Pizza Express, Specsavers, Bon Marche, H&M and Schuh.

Tenure

Leasehold - A new 10 year full repairing and insuring lease with a 5th year rent review.

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor Sales	469	43.57
First Floor Sales	1,195	111.01

Financial

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

Transitional phasing may apply. 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.

Rateable Year:	2016
Rateable Value:	£26,750.00
Rates Payable:	£13,188.00
UBR:	49.7p/£

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 £8,701 pa.

Last Updated

08/09/2021

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.