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Unit 24/25, Princes Mead Shopping Centre - Picture 2
Let

The Mead Princesmead, Farnborough, GU14 6YA

Owned by
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Use Class

Use Class

E(a)

Size

Size

3,731 sq ft

Rent pa

Rent pa

POA

Market Sector

Market Sector

Shopping Centre

Landlord

Landlord

NewRiver

Description

A1 Shop To Let

Ground floor unit.

Location

The subject premises occupy a busy position within Princes Mead Shopping Centre adjacent to Specsavers and close to boots.

Key Information

Viewing

Strictly by appointment.

Accommodation

3,731 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales
3,731
346

Financial

Lease Type

New Lease

Lease Term

The unit is available by way of a new lease for a term to be agreed, subject to 5 yearly upward only rent reviews. The lease will be contracted outside of the security of tenure of the Landlord and Tenant Act 1954.

Rent

Upon application.

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.

Costs

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

Service Charge

The current service charge is budgeted at £47,868pa.

Tenure

Leasehold

Rates

Rateable Year:
2019
Rateable Value:
£97,500.00
Rates payable:
£48,068.00

This Property is Part of a Shopping Centre

Princes Mead Shopping Centre

Princes Mead is the dominant shopping centre within Farnborough, forming an integral part of the Town Centre. It comprises a total of 148,829 sq ft of retail, made up of three separate elements, which sit on a 7.77 acre site. The Princes Mead Shopping Centre, which originally opened in 1990, provides 96,131 sq ft of retail, whilst the Mead Block, which opened later, provides 20,698 sq ft of retail. More recently, the construction of two newly developed retail warehouses, let to Smyths Toys and Decathlon, provide an additional 32,000 sq ft of retail.

Savills Out of TownNewRiver
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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.

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