Interested in this property? Call Richard Barker on +44 (0)113 388 4856 or Phil Coombes on +44(0)113 388 4861

Location

The Octagon shopping centre sits in the heart of Burton upon Trent. The town is situated approximately 11 miles South West of Derby and has a population of over 70,000. The scheme provides over 140,000 sq ft of retail accommodation with 700 car parking spaces. The centre is anchored by Asda and hosts a number of national occupiers including TK Maxx, Iceland, Poundland, Bon Marche and Costa.

Retailers nearby the subject unit include TK Maxx, Ryman and F Hinds.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor 1,641 152.5
First Floor 1,072 99.6

Rent

We are seeking rental offers in the order of £25,000 per annum exclusive

Tenure

The property is available to let on a new effective Full Repairing and Insuring lease for a number of years to be agreed.

Business Rates

The unit has a 2017 rateable value assessment of £22,750.

For further details visit Gov.uk or contact the business rates department in the local authority. Interested parties should verify the accuracy of the rateable value.

Service Charge

The on-account service charge for the year 2018 stands at approximately £21,113.

EPC

C

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.