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Marketed by
Unit 14 Princesmead, Farnborough, GU14 6YA
Use Class
E
Rent pa
£45,000
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 also provides one of the main car parks for the town centre with 750 spaces.
Nearby occupiers include M&Co, WH Smiths, JD Sports, Costa and The Body Shop.
Key Information
Viewing
Strictly by appointment.
Accommodation
Additional Contacts
Asset Managers
Financial
Lease Type
New Lease
Lease Term
Subject to vacant possession, the unit is available by way of a new, effectively full 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).
Rates
Interested parties are advised to make their own enquiries to the Local Authority.
Service Charge
Further details available upon request
Tenure
Leasehold
Rates
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.
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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