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Part of a retail

Portfolio | M&G Real Estate

Retail Units & Shops

Greater Manchester

Manchester

property

Let

Unit L22 Manchester Arndale Shopping Centre, Manchester, M4 3AQ

Owned by

Use Class

Rent pa

£150,000

Market Sector

Shopping Centre

Landlord

M&G Real Estate

Description

The premises occupy a prominent trading position fronting on to New Arkwright Way. Adjoining retailers include Peacocks, Sports Direct, Game, Costa, TK Maxx and Poundland. The Hub’s flagship store is due to open shortly directly adjacent. Landlord’s work has brought the unit up to a “white-boxed” standard.

Location

The Arndale Centre - Manchester’s principle City Centre Shopping scheme. It comprises approximately 1.5 million sq. ft of retail space. The Centre attracted approximately 38 million shoppers in 2009. Retailers include the largest Next and TK Maxx in the UK, Topshop, Apple, Waterstones, Superdry, H&M and River Island amongst many others

Accommodation

The unit provides the following approximate dimensions and floor areas:

Dimensions

Feet

Metres

Shop Depth

107

32.61

Internal Width

11.5

Areas

Sq.Ft

Sq.M

Ground Floor Sales

2,573

239.03

Additional Contacts

Asset Managers

Downloads

Brochure

L22, Manchester Arndale - Brochure 1 - CBRE

Brochure

L22, Manchester Arndale - Brochure 2 - Lunson Mitchenall

Financial

Lease Type

New Lease

Rent

Rent is exclusive of service charge, merchants association, insurance, rates and VAT.

Costs

Each party is to be responsible for their own legal costs.

Tenure

Leasehold - The premises are available on a new 10 year lease subject to 5 yearly upward only rent reviews.

Rates

Rateable Year:

2010

Rateable Value:

£180,000.00

Rates payable:

£74,520.00

UBR:

41.4p/£

This Property is Part of a Shopping Centre

Manchester Arndale Shopping Centre

Manchester Arndale, lies in the heart of the city and is one of the largest city centre covered shopping complexes in the UK with an average of 798,000 visits per week and is strategically located between Selfridges, Marks & Spencer, The Corn Exchange, Printworks, Market Street and Manchester Piccadilly Station. The centre maintains a loyal shopper base attracted by strong retail mix. Key retailers include Next, Topshop, Vans, Boots and River Island

Time Retail PartnersMetis Real Estate Advisors

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.