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Part of a retail

Portfolio | NewRiver

Retail Units & Shops

Hampshire

Farnborough

property

Unit 13, Princes Mead Shopping Centre - Picture 1

Let

The Mead Princesmead, Farnborough, GU14 6YA

Owned by

Use Class

Size

318 sq ft

Rent pa

£35,000

Market Sector

Shopping Centre

Landlord

NewRiver

Location

The Princes Mead Shopping Centre comprises 110,000 sq

ft of prime retail space within the affluent south east town

of Farnborough. The scheme provides one of the

main car parks for the town centre with 750 spaces.

Nearby occupiers include Decathlon, Smyths Toys Superstore, JD Sports, The Body Shop and Boots.

Key Information

Viewing

Strictly by appointment.

Accommodation

318 Sq.Ft

Additional Contacts

Asset Managers

Downloads

Brochure

Unit 13, Princes Mead Shopping Centre, Farnborough - Brochure 2017-03-31-16-03-01

Financial

Lease Type

New Lease

Lease Term

The unit is available by way of a new, effectively fully repairing and insuring lease, for a term of years to be agreed, subject to five yearly upward only rent reviews.

Rent

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

Costs

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

Tenure

Leasehold

Rates

Rateable Year:

2014

Rateable Value:

£47,000.00

Rates payable:

£22,654.00

Sustainability

Energy Performance Certificate

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.

FMX Urban Property Advisers

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.