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Unit 8 & 9 Vicarage Field Shopping Centre, Barking, IG11 8DG

Use Class

Use Class

E(a)

Size

Size

8,557 sq ft

Rent pa

Rent pa

£50,000

Market Sector

Market Sector

Shopping Centre

Description

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

Location

The unit is located on the ground floor of the scheme adjacent to EE and Card Factory. Additional retailers operating in the immediate vicinity include New Look, Poundland and Argos.

Key Information

Viewing

Strictly by appointment.

Accommodation

8,557 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,990
184.87
First Floor Ancillary
728
67.63

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.

Tenure

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

Rates

Rateable Year:
2013
Rateable Value:
£70,500.00
Rates payable:
£33,206.00
UBR:
47.1p/£

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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