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Retail Units & Shops

Greater London

Brent Cross

property

Let

Unit 4, Mall 5 Brent Cross, NW4 3FP

Use Class

E(a)

Size

2,495 sq ft

Rent pa

£270,000

Market Sector

Shopping Centre

Description

Mall 5, on the first floor is home to a number of prestigious brands including Karen Miller, Reiss, Whistles and Hobbs.

Location

Brent Cross is the premier shopping location for North London with over 860,000 sq ft of retail space anchored by John Lewis, Fenwicks and Marks and Spencer.

Key Information

Viewing

Staff are unaware of the impending disposal, therefore all appointments to view must be arranged via sole agents Colliers International.

Accommodation

2,495 Sq.Ft

Additional Contacts

Asset Managers

Financial

Lease Type

Existing Lease

Rent

The current rent passing is £270,000 per annum exclusive of rates, service charge, insurance and VAT rising to £280,000 pax in June 2015. The final review is in 2016.

Rent Review

Next review date 2015/6/00

Tenure

Leasehold

This Property is Part of a Shopping Centre

Brent Cross Shopping Centre

Brent Cross is located within North London. It is located adjacent to the A1 and M1, therefore boasting good transport links and attracting a footfall of over 13 million customers to the shopping centre per annum. Offering over 914,000 sq ft of shopping space over two levels allows Brent Cross to accommodate over 120 shops and 30 cafes/ restaurants, including some of the most luxurious brands, from internationally renowned to local boutiques. Average dwell time within the centre is 92 minutes, 32 minutes higher than the UK average. Additionally, the average customer visits 71 times a year, with an average spend of £126 per visit. Today, it is anchored by key tenants M&S, Fenwick, and Zara, which all trade extremely well. Recent new openings include Miele, Superdrug, Reserved, Phase Eight and Ray Ban.

Cushman & WakefieldBruce Gillingham Pollard

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.