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Strand Shopping Centre Strand St 750 SF of Assignment Available in Douglas IM1 2ER



ASSIGNMENT HIGHLIGHTS
- Prime Location
- Well Connected
- High Footfall Area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste Unit 1A | 750 SF | Jan 2034 | $44.41 /SF/YR $3.70 /SF/MO $33,310 /YR $2,776 /MO | Internal Repairing Only |
Ground, Ste Unit 1A
The lease is on effective FRI terms for a term of 10 years, commencing on 1st January 2024. There are break clauses at the end of the 3rd and 6th years. The passing rent, which is subject to review on the 3rd and 6th anniversary of the commencement date is £25,000, exclusive of rates, insurance, service charge and VAT.
- Use Class: E
- Assignment space available from current tenant
- Located in-line with other retail
- Prime Location
- Well Established Shopping Centre
- High Footfall
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 STRAND SHOPPING CENTRE
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Pandora
- Jewelry/Watches
- 287
- International
- Sports Direct
- Sporting Goods
- 668
- International
- The Entertainer
- Toys
- 156
- International
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Pandora | Jewelry/Watches | 287 | International |
| Sports Direct | Sporting Goods | 668 | International |
| The Entertainer | Toys | 156 | International |
PROPERTY FACTS
| Total Space Available | 750 SF | Total Land Area | 1.50 AC |
| Property Type | Retail | Year Built | 1989 |
| Gross Leasable Area | 50,000 SF |
| Total Space Available | 750 SF |
| Property Type | Retail |
| Gross Leasable Area | 50,000 SF |
| Total Land Area | 1.50 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
The Strand Shopping Centre, located on Strand Street in the bustling centre of Douglas, stands as a prominent retail destination on the Isle of Man. It offers a compact yet vibrant mix of shops spread over the floors connected by escalators, a lift, and stairs. Positioned conveniently for visitors and locals alike, it's a great spot to browse, grab a quick bite, or simply enjoy a moment in a lively, accessible setting.
- Property Manager on Site
- Security System
- Storage Space
- Air Conditioning
Presented by
Strand Shopping Centre | Strand St
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