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This Property is currently unavailable
Marketed by
Avison Young
Unit 6, Westmorland Retail Park Westmorland Retail Park, Cramlington, NE23 6UY
Use Class
E
Size
17,868 sq ft
Rent pa
£180,212
Market Sector
Retail & Shopping Park
Description
The premises are arranged over ground and first floors
Location
Cramlington is a town situated in Northumberland, approximately 6 miles north of Newcastle and 6 miles south-west of Blyth. The subject unit is located in Westmorland retail park, which is centrally positioned within the town, close to the Cramlington train station. The retail park provides 760 car parking spaces and is anchored by M&S. Other nearby occupiers include Pets at home, Carpetright, Next, PC World, JD Sports, Vue, Asda and Costa Coffee
Accommodation
17,868 Sq.Ft
Financial
Lease Term
Available by way of an assignment of the existing lease due to expire on 18/06/2030 with a tenant break on 19/06/2025
Rent
Subject to contract, rental offers are invited in the region of £180212 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
There is currently a business rates reduction available for qualifying retail and leisure uses until April 2022 Interested parties should carry out their own investigations
Costs
Each party is to be responsible for their own legal costs incurred in the transaction. VAT if applicable will be charged at the standard rate. Insurance - £990 pa
Service Charge
£12,523 pa
Rates
Sustainability
An EPC certificate has been commissioned. Please make contact for further details. A certificate can be made available
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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