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Retail Units & Shops

Cleveland

Thornaby

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.

Unit 4 Vale House Pavilion Shopping Centre, Thornaby, TS17 9FF

Use Class

Size

2,350 sq ft

Rent pa

£30,000

Market Sector

Shopping Centre

Key Features

Pavilion Shopping Centre has 315,000 sq ft of retail/leisure accommodation with 38 retail units
The centre is anchored by ASDA, Lidl and Wilko with other retailers including KFC, Card Factory and Boots
Open air shopping centre - with 800 surface parking spaces
Catchment c. 52,000 (10 mins drive time) and c. 171,000 (20 minute drive time)

Description

Retail Unit to Let - Potential to Split

The unit is situated in the centre of the Pavilion, directly opposite Iceland with other retailers in the immediate vicinity including Card Factory, Wilko, Cooplands Bakers, Boots and Greggs. The premises is a former fitted fashion unit, with a sales area to the front and ancillary / welfare accommodation to the rear.

Key Information

Viewing

Strictly by appointment.

Accommodation

2,350 Sq.Ft

The unit is to be refurbished in Q1 2021 to provide 3 retail units, fitted to a white box specification. The unit is on the ground floor with approximately 2,350 - 7,385 sq ft. The Landlord is open minded to splitting the accommodation for individual tenants needs. See brochure attached.

Areas

Sq.Ft

Sq.M

Unit 4, Ground Floor

2,350

218

Downloads

Brochure

Unit 4 Vale House, Pavilion Shopping Centre, Thornaby - Brochure 2023-05-25-16-44-37

Financial

Lease Type

New Lease

Lease Term

On a new lease with terms to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £30000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Rateable Value to be reassessed. Until April 2021 there is no rates payable for Class E uses. Interested parties are advised to verify any information provided regarding rateable values, rates payable and small business rates relief with the local authority.

Costs

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

Service Charge

The service charge is £5,445 + VAT per annum.

Tenure

Leasehold

This Property is Part of a Shopping Centre

Pavilion Shopping Centre

This 315,000 sq ft scheme is anchored by a 100,000 sq ft Asda, Lidl and Wilko. Retailers include Boots, KFC, Card Factory, Subway and Greggs

Jackson Criss

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.