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Unit 4, Priory Meadow - Picture 1
Let

Unit 4, Queens Square Priory Meadow, Hastings, TN34 1PH

Owned by
NewRiver logo
Use Class

Use Class

E

Rent pa

Rent pa

£100,000

Market Sector

Market Sector

Shopping Centre

Landlord

Landlord

NewRiver

Location

Priory Meadow comprises the prime retailing pitch within Hastings as well as BHS and M&S anchor stores and a 1,100 space car park.

The unit is adjacent to Robert Dyas and Vision Express, with additional retailers in the immediate vicinity including New Look and Topshop.

Other retailers in the centre include H & M, Boots, Superdrug, Pandora and Carphone Warehouse.

Key Information

Viewing

Strictly by appointment. Staff are unaware.

Accommodation

The unit is arranged on ground and first floors providing the following approximate net internal floor areas:

Areas
Sq.Ft
Sq.M
Ground Floor
2,950
274.05
First Floor
2,374
220.54

Additional Contacts

Asset Managers

NewRiver logo

Financial

Lease Type

New Lease

Lease Term

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

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. 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

£30,676 per annum

Rates

Rateable Year:
2014
Rateable Value:
£105,000.00
Rates payable:
£50,610.00
UBR:
48.2p/£

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
NewRiver logo

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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