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Unit 17 Marlowe Arcade Whitefriars, Canterbury, CT1 2TF
Use Class
E(a)
Rent pa
POA
Market Sector
Shopping Centre
Landlord
Canterbury City Council
Description
Canterbury has an affluent primary catchment population of approximately 457,000 people; in addition an estimated 5.8 million tourists visit the city each year.
Location
The property is situated in Marlowe Arcade within the Whitefriars Centre, which provides Canterbury’s prime retail pitch; the unit is opposite to Hobbs and Karen Millen. Retailers in the vicinity include Phase Eight, Karen Millen, Coast, Miss Selfridge and HMV.
The scheme is anchored by Fenwicks and Marks & Spencer. In addition the centre boasts a very strong fashion line up with River Island, Top Shop, H&M, Next and Zara. The centre has a footfall in excess of a million people per month and provides one of the main regional centres for the affluent catchment.
Key Information
Viewing
Strictly by prior arrangement with joint agents only.
Legal
Each party is to be responsible for their own professional costs incurred in the transaction.
Accommodation
The premises are arranged on ground floor only
Additional Contacts
Asset Managers
Financial
Lease Type
New Lease
Lease Term
The premise is available by way of a new effectively Full Repairing and Insuring lease for a term of 10 years subject to 5 yearly upward only rent reviews.
Rent
£75,000 pax.
Rates
We recommend any interested parties make their own inquiries with Canterbury City Council (01227 862 000) to verify these figures.
Service Charge
The current service charge is £4,690.48 per annum.
Tenure
Leasehold
Rates
This Property is Part of a Shopping Centre
Whitefriars
Whitefriars Shopping Centre is set within the ancient city walls of Canterbury, totalling 474,000 sq ft with 530 car parking spaces and a wide retail and leisure offer, anchored by Fenwick, M&S, Zara, Primark, Next and Boots.
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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