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Part of a retail

Portfolio | NewRiver

Retail Units & Shops

Cumbria

Carlisle

property

Let

Unit 5 New Lane The Lanes Shopping Centre, Carlisle, CA3 8NX

Owned by

Use Class

Size

3,369 sq ft

Rent pa

£130,000

Market Sector

Shopping Centre

Landlord

NewRiver

Description

Established occupants include Debenhams, Primark, J D Sports, H&M, Next, New Look, Schuh and Paperchase.

Location

Carlisle is one of the North of England’s principal retail centres drawing on a total catchment of over 330,000 persons and a primary catchment in excess of 124,000, a strong tourist industry and large student population.

The town centre is dominated by The Lanes Shopping Centre which provides 500,000 sq ft of retail accommodation and incorporates 600 car parking spaces and benefits from an annual footfall in access of 11.5 m persons.

Key Information

Viewing

Strictly by prior appointment through joint agent Jamieson Mills and Fawley Watson Booth.

Legal

Each party to be responsible for their own legal costs.

Accommodation

3,369 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

2,482

230.59

First Floor

887

82.41

Downloads

Brochure

Unit 5 New Lane, The Lanes, Carlisle - Brochure 2017-09-01-17-12-25

Financial

Lease Term

The property is available by way a new effectively full repairing and insuring lease for a term of years to be agreed (subject to vacant possession).

Rent

Subject to contract, rental offers are invited in the region of £130000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Service Charge

The service charge for the year 2017 is £25,437 per annum plus insurance of £734 per annum plus VAT.

Rates

Rateable Year:

2017

Rateable Value:

£99,500.00

Rates payable:

£64,830.00

UBR:

47.9p/£

Sustainability

EPC: Available upon request.

This Property is Part of a Shopping Centre

The Lanes Shopping Centre

The Lanes is a regionally dominant covered shopping centre, forming a substantial part of the city centre of Carlisle. It opened in 1984 and was later extended in 2000 with the addition of an anchor store with over 60 retail units.

Barker ProudloveNewRiverJamieson Mills

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.