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19, Jackson Square Shopping Centre, Bishop's Stortford
Let

Unit 19 Jackson Square Shopping Centre, Bishop's Stortford, CM23 3XH

Owned by
Legal & General Investment Management logo
Use Class

Use Class

E

Size

Size

1,791 sq ft

Rent pa

Rent pa

£60,000

Market Sector

Market Sector

Shopping Centre

Landlord

Landlord

Legal & General Investment Management

Description

Jackson Square is the principal shopping destination in Bishop’s Stortford anchored by Sainsbury’s. The centre provides the town’s main car park with over 750 spaces.

Occupiers in the scheme include Next, Sportsdirect, Superdrug and Vinegar Hill.

The centre will undergo re-development to include a new 20,000 sqft unit which TK Maxx will occupy in 2024. The unit is situated adjacent to New Look and Starbucks.

Please refer to the attached copy of the street traders plan for further details.

Location

Jackson Square is the principal shopping centre destination in Bishop's Stortford, anchored by a Sainsbury's superstore. The centre provides the town's main car parking facility with over 750 spaces. Recent new lettings include Hotel Chocolat and Nando's.

The centre has recently been refurbished with contemporary mall finishes and a new more prominent entrance onto Potter Street. The unit is situated adjacent to The Entertainer and opposite Next.

Accommodation

1,791 Sq.Ft

The premises are arranged over ground floor only, comprising the following areas and dimensions:

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,791
166.38

Additional Contacts

Asset Managers

Legal & General Investment Management logo

Financial

Lease Type

New Lease

Lease Term

New effectively full repairing and insuring lease, for a term to be agreed.

Rent

£60,000 per annum exclusive.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service Charge

The current service charge for the financial year is £9,464 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £44,250 UBR (23/24) 0.499p Interested parties are advised to make their own enquiries to the Local Authority on 01628798888.

Rates

Rateable Year:
2023
Rateable Value:
£44,250.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

C
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Energy Performance Certificate Information

The property has an EPC rating of C. A full report is available upon request.

This Property is Part of a Shopping Centre

Jackson Square Shopping Centre

Bishop’s Stortford is a historic market town in Hertfordshire, just west of the M11 motorway, 27 miles north-east of central London, and 35 miles by train from Liverpool Street station. Jackson Square is the town’s number 1 shopping destination, drawing customers with its perfect mix of high street brands and lovable independents. The experienced Jackson Square management team, managed by Legal & General, are committed to working closely with stores, as an extension of their team. Working together with key stakeholders in the community, the centre team will help support both openings and annual performance goals, via an active program of marketing activity.

Green & PartnersGCW
Legal & General Investment Management logo

Disclamier

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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