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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.
The premises comprise the following approximate net internal floor areas:-
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We are seeking rental offers in the order of £25,000 per annum exclusive
The property is available to let on a new effective Full Repairing and Insuring lease for a number of years to be agreed.
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.
The on-account service charge for the year 2020 stands at approximately £21,135.
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.