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Bear Lanes Shopping Centre Bear Lanes 995 SF of Assignment Available in Newtown SY16 2QZ
ASSIGNMENT HIGHLIGHTS
- An excellent Corner Retail Unit
- Convenient access from Broad Street, High Street & Carpark
- Communal passageway to delivery area
- Situated in prime location in Bear Lanes Shopping Centre nearby retailers such as Peacocks, Superdrug & The Works
- Ideal opportunity to take over the premises
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 6 | 995 SF | Sep 2029 | $21.22 /SF/YR $1.77 /SF/MO $21,118 /YR $1,760 /MO | TBD |
Ground, Ste 6
Ideal opportunity to take over the premises in a prime location on the walk through the shopping centre. There is an assignment of the existing lease recently traded as a bargain and convenience store and previously Clarks showroom for a number of years. Expressions of interest sought with incentives available. There is an existing 5 year lease in place from 9th September 2024. The Landlords are looking to assign the lease. There is a rent review on 9th September 2027. A service charge of £298 per month is payable. Rent price: £15,850 per annum payable quarterly in advance plus VAT.
- Use Class: A1
- Assignment space available from current tenant
- Partially Built-Out as Standard Retail Space
- Secure Storage
- Energy Performance Rating - D
- Demised WC facilities
- Corner Retail Shop Unit 92.41 sq.m
- Double entrance doors
- Oak flooring and carpet
- Plant Room
- 2 Storerooms, Kitchen, Cloakroom
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SELECT TENANTS AT BEAR LANES SHOPPING CENTRE
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Clarks
- Shoes
- 427
- International
- Nationwide Building Society
- Finance Company
- 690
- National
- New Look
- Unisex Apparel
- 524
- International
- Peacocks
- Unisex Apparel
- 439
- National
- Superdrug
- Health & Beauty Aids
- 878
- International
- WHSmith
- Other Retail
- 749
- International
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Clarks | Shoes | 427 | International |
| Nationwide Building Society | Finance Company | 690 | National |
| New Look | Unisex Apparel | 524 | International |
| Peacocks | Unisex Apparel | 439 | National |
| Superdrug | Health & Beauty Aids | 878 | International |
| WHSmith | Other Retail | 749 | International |
PROPERTY FACTS
| Total Space Available | 995 SF | Gross Leasable Area | 40,750 SF |
| Property Type | Retail | Total Land Area | 1.42 AC |
| Property Subtype | Storefront | Year Built | 1981 |
| Total Space Available | 995 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 40,750 SF |
| Total Land Area | 1.42 AC |
| Year Built | 1981 |
ABOUT THE PROPERTY
An excellent Corner Retail Unit situated in Bear Lanes Shopping Centre with nearby retailers such as Peacocks, Superdrug and The Works. Convenient access onto Broad Street and High Street together with zebra crossing on Back Lane over to the Council carpark and bus station. Newtown is situated on the banks of the River Severn and has a railway station, situated 35 miles to the market town of Shrewsbury and the coastal town of Aberystwyth 48 miles away.
- Energy Performance Rating - C
- Storage Space
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Bear Lanes Shopping Centre | Bear Lanes
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