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Part of a retail

Portfolio | NewRiver

Retail Units & Shops

East Sussex

Hastings

property

Let

Unit 31, King's Walk Priory Meadow, Hastings, TN34 1PH

Owned by

Use Class

Size

2,750 sq ft

Rent pa

£70,000

Market Sector

Shopping Centre

Landlord

NewRiver

Location

Priory Meadow comprises the prime retailing pitch within Hastings being anchored by M&S, H&M and Primark (opening Winter 2019) and providing a 1,100 space car park.

The subject unit is adjacent to Warren James and JD Sports (opening soon following their upsize). Other nearby occupiers include Waterstones, Deichmann and Boots.

Key Information

Viewing

Strictly by appointment.

Accommodation

2,750 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor Sales

1,550

143

First Floor Ancillary

605

56.2

Additional Contacts

Asset Managers

Financial

Lease Type

New Lease

Lease Term

A new 10 year full repairing and insuring lease, with a 5th year rent review.

Rent

Subject to contract, rental offers are invited in the region of £70000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

The premises are to be reassessed for rating purposes following the completion of separation works. Transitional phasing may apply. Prospective tenants are advised to confirm any rating liability directly with the Local Authority.

Costs

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

Service Charge

The charge for the current year is £12,634

This Property is Part of a Shopping Centre

Priory Meadow

Situated in the heart of the town centre, Priory Meadow is the principal and only covered shopping centre in Hastings with a catchment of 89,000 shoppers within a 10 minute drive time. A one minute walk from the railway station and benefiting from an award winning 1,000 space car park, the centre is anchored by Marks & Spencer and a Primark. The centre also boasts key retailers including Boots and H&M, as well as Pizza Express.

Green & Partners

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.