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61 The Spindles (First Floor), Spindles Town Square Shopping Centre

Spindles Town Square Shopping Centre
Oldham, OL1 1XF

Use Class E(a)

3,854 sq ft

£45,000

Use Class

E(a)

Size

3,854 sq ft

Rent pa

£45,000

Marketed by Barker Proudlove

Last updated 19/01/2022
61 The Spindles (First Floor)
Prominent Unit To Let
Spindles Town Square Shopping Centre comprises approximately 450,000 sq ft of retail accommodation. The scheme is anchored by Debenhams, Next, River Island, H&M, TJ Hughes and B&M. Spindles Town Square dominates retailing in Oldham Town Centre and is home to two multi story car parks with 1,370 spaces. With a regular footfall of over 200,000 per week. Other retailers include Peacocks, JD Sports, Boots, WH Smith, Waterstones, Yours and Costa Coffee.

In terms of regeneration and investment in Oldham Town Centre, the Old Town Hall directly opposite the Shopping Centre has been redeveloped and comprises an 8-screen cinema with four restaurant units with external seating fronting Clegg Street.
Located at the first floor within The Spindles where other occupiers include Peacocks, H&M, Debenhams and B&M

Tenure

Leasehold

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor Sales2237.00207.81
Ancillary Storage1384.00128.57

Financial

Lease Type

New Lease

Lease Term

The property is available by way a new effectively full repairing and insuring lease for a term to be agreed subject to a upward only rent review at the anniversary of the fifth year of the term.

Rent

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

Rent Review

 - 5 years

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.

Rateable Year:2018
Rateable Value:£53,500.00
Rates Payable:£25,627.00
UBR:47.9p/£

Costs

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

Service Charge

The service charge for the year 2017/2018 is £26,058 per annum plus insurance of £376 per annum plus VAT.

Sustainability

Energy Performance Certificate

123
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Last Updated

19/01/2022

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.

All data ©2022 Completely Property Technology Limited

Barker Proudlove

Barker Proudlove

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