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100-104 High Street, WM Morrison Supermarket - Crawley

High Street
Crawley, RH10 1BZ

Use Class E(a)

88,266 sq ft

£2,248,764

Use Class

E(a)

Size

88,266 sq ft

Rent pa

£2,248,764

Marketed by Colliers

Last updated 12/11/2019
100-104 High Street
Modern purpose built store of 88,266 sq ft gross internal area situated in a landmark mixed use building.

Suitable for retail and leisure uses, subject to planning and landlord’s consent.

Lease offered for assignment.

Offers will also be considered for sub-leases of the whole or parts.
Located at second floor level and accessed by travellators and lifts. Situated above 500 space car park spread over ground and first floors. Highly prominent location on the edge of Crawley town centre.

Use Class

A1

Tenure

Leasehold - Full repairing and insuring

Viewing

For access to the dataroom or to arrange to view the property, please contact Alex Moorhouse of Colliers International.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor (Unloading Area)1,198111
First Floor (Main Retail Area)87,0688,089

Financial

Lease Type

Existing Lease

Lease Term

25 years from 6th January 2014.
Tenant Break Options – Effective 5th January 2029 and 2034 on 6 months notice.

Incentive

The lease on the store is offered for assignment and offers are invited.

Offers will also be considered for a sub-lease of the whole of the store for a term up to the tenant’s first break date on 5th January 2029.

Alternatively, Morrisons will consider sub-letting the store premises in parts and interested parties should contact the agents to discuss their space requirements and terms. The lease allows retail use, but leisure uses will also be considered subject to planning and landlord’s consent for a change of use.

Rent

Rent Reviews Dates – 6th January 2024 and 5 yearly thereafter.

Costs

Each party is to bear their own legal costs incurred in any transaction.

Service Charge

The budget allocation for the current service charge year to 31st March 2020 is £152,008.76.
Full details of the current service charge budgets and liabilities are available in the dataroom.

Sustainability

Energy Performance Certificate Information

An Energy Performance Certificate for the property is available in the data room.

Last Updated

12/11/2019

Misrepresentation Notice

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.

All data ©2021 Completely Property Technology Limited

Colliers

Colliers

WM Morrison Supermarkets PLC

WM Morrison Supermarkets PLC

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