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Unit 6 Vicarage Field Shopping Centre, Barking, IG11 8DG

Use Class

Use Class

E(a)

Rent pa

Rent pa

£52,500

Market Sector

Market Sector

Shopping Centre

Location

Vicarage Field provides approximately 190,000 sq ft of retail accommodation, arranged over two trading levels and benefits from an adjacent 500 space multi-storey car park.

The scheme is principally anchored by Asda. Other tenants in the scheme include Poundland, Burton and Card Factory.

The unit is located on Ripple Road adjacent to the entrance of the scheme.

Key Information

Viewing

Strictly by appointment.

Accommodation

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,358
126.15

Financial

Lease Type

New Lease

Rent

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

Rates

Transitional phasing may apply. 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

Approx. £34,254 per annum.

Tenure

Leasehold - A new lease incorporating 5 yearly upward only rent reviews, contracted outside the Landlord & Tenant Act 1954 Part II.

Rates

Rateable Year:
2015
Rateable Value:
£102,000.00
Rates payable:
£50,286.00
UBR:
49.3p/£

This Property is Part of a Shopping Centre

Vicarage Field Shopping Centre

This proposed mixed use regeneration project was granted outlining planning consent in 2017. The proposals include an exciting 2 level open air destination, creating a real focal point for the town centre. This phased development could start as early as 2020. In the meantime flexible space on concessionary terms is available within the existing shopping centre

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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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