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Retail Units & Shops

Kent

Bromley

property

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 501 The Glades, Bromley, BR1 1DN

Use Class

Size

529 sq ft

Rent pa

£55,000

Market Sector

Shopping Centre

Description

The Glades has an annual footfall of 20 million, with 79% of Bromley residents being in the most affluent ACORN categories.

The Glades comprises 144 retail units over two covered trading malls anchored by M&S, Debenhams, Zara and Boots and provides an excellent tenant mix including the likes of New Look, H&M, River Island and Apple.

Location

The Glades Shopping Centre occupies 500,000 sq ft of retail and leisure space in the heart of Bromley. The Glades dominated the town centre retail and is easily accessible by car, bus and train providing Bromley's main 1,567 space car park.

Unit 501 is situated on the Lower Mall adjacent to Caffe Nero and high street facing. Retailers in close proximity to New Look, River Island and Apple.

Accommodation

529 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

529

49.1

Downloads

Brochure

501, The Glades, Bromley - Brochure 2019-03-14-12-43-37

Financial

Lease Type

New Lease

Lease Term

The unit is available by way of a new 10 year lease subject to five yearly upward only rent reviews to 80% of the market rent. The rent payable will be the greater of the base rent or a percentage of gross turnover excluding VAT.

Rent

Base rental offers are sought in the region of £55,000 per annum exclusive of service charge, insurance, rates and VAT, payable quarterly in advance.

Service Charge

The estimated annual service charge is £3,198 to the year ending 31st Dec 19.

Rates

Rateable Year:

2019

Rateable Value:

£50,500.00

Rates payable:

£24,240.00

This Property is Part of a Shopping Centre

The Glades

The Glades Shopping Centre is located in Bromley, which is one of the most affluent suburbs of Greater London. The centre is anchored by key tenants including Zara, M&S & Boots.

Lunson MitchenallCushman & Wakefield

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.