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K3 602 Marlborough Gate, Milton Keynes, MK9 3XS

Use Class

Use Class

E

Rent pa

Rent pa

£57,500

Market Sector

Market Sector

Shopping Centre

Location

Xscape Milton Keynes is one of the UK’s ultimate entertainment destinations, with attractions including one of the top cinemas in the country, real snow experience, top action based retailers together with rock climbing and sky diving experiences.

The premises are located in a prominent location with other operators in the vicinity including Chimichanga, Frankie & Benny’s, Nandos, Pizza Express, Evans and Sweatshop.

Aspers Casino are operating a 35,000 sq ft large casino.

Accommodation

Areas
Sq.Ft
Sq.M
Total Ground Floor Area
2,620
243.39

Financial

Lease Type

New Lease

Rent

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

Rates

Transitional phasing may apply. 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

There is an estimated service charge of £17,966

Tenure

Leasehold - The premises are available on a new 15 year lease with 5 yearly upward only rent reviews.

Rates

Rateable Year:
2016
Rateable Value:
£54,500.00
Rates payable:
£27,087.00
UBR:
49.7p/£

This Property is Part of a Shopping Centre

Xscape Milton Keynes

Recent lettings include Gravity Trampoline Parks, Cocina and Rush VR. This is complemented with action and lifestyle retailers plus a wide range of dining options from around the world.

Colliers

Disclaimer

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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