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Marketed by
Unit 46 Newlands Street Town Centre, Witham, CM8 2AP
Use Class
E
Size
902 sq ft
Rent pa
£21,000
Market Sector
Shopping Centre
Landlord
NewRiver
Description
Class E Retail Unit To Let
Witham is conveniently located between London and Colchester, making it an accessible destination for shoppers from both urban and rural areas.
Witham has a steadily growing population, providing a robust customer base for retail businesses.
Excellent transport links, including the A12 and regular train services to London, make Witham easily accessible for both customers and suppliers.
Witham offers a mix of independent boutiques and well-known high street brands, catering to a wide range of shopping preferences. The property is situated close to main car park with Boots, Peacocks and Savers
Under the new Class E the property could be used as a shop, café or restaurant, without the need for a planning application.
Key Information
Viewing
Strictly by appointment.
Legal
The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.
Accommodation
902 Sq.Ft
Additional Contacts
Asset Managers
NewRiver
Financial
Lease Type
New Lease
Lease Term
Available by way of a new effectively full repairing and insuring lease for a term of 10 years.
Rent
Subject to contract, rental offers are invited in the region of £21000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
The rateable value is currently £14,750 (2023 Assessment) with a rate in £ of 0.499.
This Property is Part of a Shopping Centre
Newlands Shopping Centre
Newlands Shopping Centre in Essex boasts well-known retailers, excellent independents and a modern gym. The Centre in Witham is located 50 miles North East of London with excellent transport links including a 40 minute train service to London Liverpool Street.
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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