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Unit 4 Vale House Pavilion Shopping Centre, Thornaby, TS17 9FF

£ 30,000 pa / 2,350 sq ft
Unit 4 Vale House, Pavilion Shopping Centre, Thornaby - Picture 2023-05-25-16-45-00
Use Class

Use Class

E

Size

Size

2,350 sq ft

Rent pa

Rent pa

£30,000

Retail Unit to Let - Potential to Split

The unit is situated in the centre of the Pavilion, directly opposite Iceland with other retailers in the immediate vicinity including Card Factory, Wilko, Cooplands Bakers, Boots and Greggs. The premises is a former fitted fashion unit, with a sales area to the front and ancillary / welfare accommodation to the rear.

  • Pavilion Shopping Centre has 315,000 sq ft of retail/leisure accommodation with 38 retail units

  • The centre is anchored by ASDA, Lidl and Wilko with other retailers including KFC, Card Factory and Boots

  • Open air shopping centre - with 800 surface parking spaces

  • Catchment c. 52,000 (10 mins drive time) and c. 171,000 (20 minute drive time)

Key Information

Viewing

Strictly by appointment.

Accommodation

2,350 Sq.Ft

The unit is to be refurbished in Q1 2021 to provide 3 retail units, fitted to a white box specification. The unit is on the ground floor with approximately 2,350 - 7,385 sq ft. The Landlord is open minded to splitting the accommodation for individual tenants needs. See brochure attached.

Areas
Sq.Ft
Sq.M
Unit 4, Ground Floor
2,350
218

Financial

Lease Type

New Lease

Lease Term

On a new lease with terms to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £30000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Rateable Value to be reassessed. Until April 2021 there is no rates payable for Class E uses. Interested parties are advised to verify any information provided regarding rateable values, rates payable and small business rates relief with the local authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

The service charge is £5,445 + VAT per annum.

Tenure

Leasehold

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.

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This was last updated on 06/07/2023