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Unit 18 Marlowe Arcade Whitefriars, Canterbury, CT1 2TF
Use Class
E
Size
844 sq ft
Rent pa
£50,000
Market Sector
Shopping Centre
Landlord
Canterbury City Council
Description
Available immediately.
The unit is arranged over ground and two upper floors.
Location
Whitefriars is the prime shopping destination in Canterbury. It is anchored by Fenwick’s, Marks and Spencer and Primark and comprises over 60 shops, cafes and restaurants along with a 530 space shopper’s car park. Key retailers in Whitefriars include H&M, Boots, Zara and Goldsmiths.
Marlowe Arcade is an attractive covered arcade linking Whitefriars with St Margarets Street and is home to a variety of independent and aspirational lifestyle brands. Other retailers within the arcade include Phase Eight, Sea Salt and Stormfront.
18 Marlowe Arcade is adjacent to Sea Salt and Artique Galleries. Other retailers within the arcade include Phase Eight, Weird Fish and Select (Apple store).
Key Information
Legal
The estimated insurance charge for 2023 is £300 per annum.
Further Infomation
Terms & Conditions
Under Anti-Money Laundering legislations Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Accommodation
844 Sq.Ft
This unit may be let as ground floor only if required.
Additional Contacts
Asset Managers
Financial
Lease Term
A new lease is available for a term to be agreed on effectively full repairing terms subject to 5 yearly upward only rent reviews.
Rent
£50,000 per annum exclusive.
Costs
Each party is to be responsible for their own legal costs.
Service Charge
The estimated annual service charge for 2024 is £5,491 per annum.
Tenure Detail
The unit is available by way of a new 10 year full repairing and insuring lease. Flexible or longer terms are available.
Terms & Conditions
Under Anti-Money Laundering legislations Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Vat
References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
Business Rates
Rateable Value 2023: £32,750 Rates payble 2023/24 (est): £12,032 pa (please check with the Local Authority).
Rates
Sustainability
Energy Performance Certificate
Energy Performance Certificate Information
The property’s current rating is D. A full report is available on request.
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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