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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.
The subject property is located opposite The Entertainer and in close proximity to Poundland and Card Factory.
The premises comprise the following approximate net internal floor areas:-
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We are seeking rental offers in the order of £15,000 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 £10,750.
For further details visit Gov.uk or contact the business rates department in the local authority.
The on-account service charge for the year 2020 stands at approximately £3,020.
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.