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Unit 4 Riverside Retail Park Riverside Retail Park, Warrington, WA1 2GZ
Use Class
E
Rent pa
£150,000
Market Sector
Retail & Shopping Park
Description
RETAIL UNIT - TO LET
The property comprises modern retail warehouse accommodation with full height glazing and a modern canopy. The scheme benefits from 786 parking spaces, a ratio of 1:211 sq.ft.
Location
Riverside Retail Park is situated on the eastern edge of Warrington, fronting the River Mersey.
The scheme is accessed from Mersey Street via the Warrington bridge junction leading to Knutsford Road, the Wilderspool Causeway and Bridgefoot.
Warrington has a population of circa 175,000 people.
The property is located in a central position on the retail park. The scheme is anchored by B&M Bargains with other occupiers including DFS, Halfords, Sports Direct, Home Bargains, Jysk, Pets at Home and Next Clearance with a McDonalds drive thru.
Key Information
Viewing
Strictly by appointment.
Legal
The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required. Financial Sanctions Regulations: Letting agents are now legally required to check the OFSI list of sanctioned individuals and organisations throughout their work, from being instructed by prospective landlords or tenants to concluding letting agreements. https://www.gov.uk/government/publications/financial-sanctions-guidance-for-letting-agents/financial-sanctions-guidance-for-letting-agents
Accommodation
Financial
Lease Type
Existing Lease
Lease Term
The premises are held by way of an effective full repairing and insuring lease for a term expiring 22nd November 2034 with a Tenant only option to break on 22nd November 2029 (subject to a £300,000 break penalty) at a passing rent of £150,000 pax. The remainder of the leasehold interest is available on terms to be agreed.
Rent
Subject to contract, rental offers are invited in the region of £150000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
Rateable Value: £209,000 Interested parties are advised to make their own enquiries with the Business Rates Section of the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Tenure
Leasehold
Rates
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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