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Unit 4 Friars Square, Aylesbury, HP20 2QF

Use Class

Use Class

E(a)

Rent pa

Rent pa

£120,000

Market Sector

Market Sector

Shopping Centre

Key Features

  • Potential sub-division

Description

The property comprises a shop on ground floor and basement floors.

A sub-division option to create 2 units of circa 1,500 sqft exists (subject to occupier interest). Indicative plans of the proposed layout are available on request.

Location

The Friars Square Shopping Centre is the prime retailing scheme in Aylesbury and comprises approx. 283,000 sqft of retail accommodation, anchored by House of Fraser. The central area has been much improved with a development let to Topshop and BB’s Coffee & Muffins.

The unit occupies a prominent location within the centre, adjacent to H&M and Clintons Cards close to the entrance to the scheme from Market Square. Pandora and Office Shoes are also within close proximity. Other tenants in the scheme include River Island, New Look and Topshop. Next have recently opened a new 22,000 sqft store in the scheme.

Key Information

Viewing

Strictly by appointment.

Legal

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

Accommodation

The property comprises a shop on ground floor and basement floors and provides the following approximate floor areas:-

Dimensions
Feet
Metres
Gross Frontage
415
12.5
Shop Depth
912
27.7
Areas
Sq.Ft
Sq.M
Ground Floor
2,405
223
Basement
598
55.6

Financial

Lease Type

New Lease

Lease Term

New lease for a term to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £120000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Costs

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

Service Charge

£22,808 pax for year ending 31 March 2017

Tenure

Leasehold

Rates

Rateable Year:
2017
Rateable Value:
£90,000.00
Rates payable:
£44,730.00
UBR:
49.7p/£

This Property is Part of a Shopping Centre

Friars Square

The Friars Square Shopping Centre is the prime retailing scheme in Aylesbury. Anchored by a refurbished House of Fraser store, the 300,000 sq ft shopping centre underwent a multi-million pound transformation in the last five years, attracting new H&M and River Island stores and a new 20,000 sq ft Next store.

Jackson CrissFMX Urban Property Advisers

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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