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Unit 34 The Glades, Bromley, BR1 1DN
Use Class
E
Size
1,639 sq ft
Rent pa
POA
Description
Subject to vacant possession
The Glades Shopping Centre occupies 500,000 sq ft of retail and leisure space in the heart of Bromley. The Glades dominates the town centre retail and is easily accessible by car, bus and train. It also provides Bromley’s main 1,567 space car park.
The Glades has an annual footfall of 18 million, with 79% of Bromley residents being in the most affluent ACORN categories.
The Glades comprises 144 retail units over two covered trading malls anchored by M&S, Zara and Boots and provides an excellent tenant mix including the likes of New Look, H&M, River Island, Nike, Mint Velvet and Apple.
Key Information
Further Infomation
Terms & Conditions
Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Accommodation
1,639 Sq.Ft
The unit provides the following approximate dimensions and net internal floor areas:
Financial
Lease Type
New Lease
Lease Term
The unit is available by way of a new lease subject to five yearly upward only rent reviews to 80% of market rent. The rent payable will be the greater of the base rent or a percentage of gross turnover excluding VAT.
Rent
Upon application.
Costs
Each party is to be responsible for their own legal costs.
Service Charge
The estimated annual service charge is £20,061 to the year ending 31st Dec 24. The estimated annual Merchant’s Association charge TBC for the year to 31st March 2024. The estimated annual Insurance premium is £1,262 for the year to 31st March 2024.
Terms & Conditions
Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Vat
References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
Business Rates
Rateable Value 2023: £52,000 Rates Payable 2023: £26,624 pa. Interested parties are advised to make their own enquiries with the Local Authority.
Rates
Sustainability
A certificate is available on request.
This unit is part of The Glades
The Glades
The Glades Shopping Centre is located in Bromley, which is one of the most affluent suburbs of Greater London. The centre is anchored by key tenants including Zara, M&S & Boots.
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 ©2024 Completely Property Technology Limited
This was last updated on 17/04/2024