Property Details
Property Summary
TO LET - Class E Retail Unit
Full Details
Location
The unit is situated within The Ladygate Centre.
Traders in the vicinity include The Co-op, Specsavers, St Luke's Hospice, Clarkes Shoes, Paddy Power, Card Factory, The Works and Costa Coffee.
Wickford is located approximately three miles north of Basildon. The City of London is accessible from Wickford via the Southend Victoria line to Liverpool Street Station (40 minutes).
The town can also be reached by road via the A127 or by the A130 from Chelmsford.
Wickford's main public car park provides the nearest off-street car parking.
Description
The property comprises a mid terraced retail unit, which forms the undercover part of the Ladygate Centre - a rectangular unit with rear access, with the following floor areas:
Ground Floor Sales - 851 sq ft (79.06 sq m)
WC & Kitchen area - 61 sq ft (5.67 m2)
Total - 912 sq ft (84.73 sq m)
Terms
The unit is offered on new effectively full repairing and insuring lease terms to be agreed. A Rent Deposit of 3-6 months and/or Personal Guarantee may be required subject to status.
Rent
£21,000 per annum exclusive of service charge, rates, utilities, building insurance and VAT. Rent is payable quarterly in advance on the usual quarter days.
Business Rates
Rateable Value £14,000
UBR (2024/2025) £0.499
Rates Payable £6,896
The property qualifies for Small Business Rates Relief.
Service Charge
The property is subject to a service charge. 2024/2025 approx. £3,677.00 and building insurance approx. £1,171.00
Planning/Use
The property falls into Use Class E. Uses conflicting with other Tenants in the Centre may not be permitted
Energy Performance Rating
D 75
Value Added Tax
Value added tax is applicable to the rent, service charge & insurance.
Legal Costs
Each party to bear their own legal costs. The Tenant may be required to provide a legal undertaking to be responsible for the Landlord's abortive costs should they withdraw after formal terms have been agreed.
Further Information & Viewings
Contact MJM Property Consultants:
Mark Mannering - mark@mjmpropertyconsultants.co.uk