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Unit 41 Upper Level The Brooks, Winchester, SO23 8QY

Use Class

Use Class

E

Size

Size

8,169 sq ft

Rent pa

Rent pa

£115,000

Market Sector

Market Sector

Shopping Centre

Description

The Brooks provides 119,000 sq ft of retail accommodation. The centre presents an opportunity to be part of Winchester's established retail and catering offer at affordable rents. The Brooks has Winchester's only major undercover car park with 300 spaces.

The subject property is located on the Upper Level adjacent to the 25,000 sq ft TK Maxx and HMV and close to Waterstones, The Entertainers and Primark.

Key Information

Viewing

Strictly by appointment.

Accommodation

8,169 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales
3,212
298
First Floor
4,957
460

Financial

Lease Type

New Lease

Lease Term

The premises are available on a new FRI lease for a term to be agreed at a commencing rent of £115,000 pax.

Rent

Subject to contract, rental offers are invited in the region of £115000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

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

The estimated service charge is £71,679

Tenure

Leasehold

Rates

Rateable Year:
2018
Rateable Value:
£67,500.00
Rates payable:
£33,278.00
UBR:
49.3p/£

This Property is Part of a Shopping Centre

The Brooks Shopping Centre

The Brooks Shopping Centre is situated in affluent town of Winchester at the corner of Upper Brook Street and Friarsgate. Located within the scheme is Winchester’s only undercover car park with an occupancy rate of 100%. Winchester boasts a total consumer spend of approximately £259 million and has a growing student and workforce population. The Brooks is undergoing a reposition and regeneration which will further enhance the scheme. Current retailers in the centre include Argos, HMV, New Look, The Entertainer and Waterstones, amongst others. 25,000 sq ft T.K.Maxx now open

ColliersKLM Real Estate

Disclamier

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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