PROMINENT RETAIL UNIT IN BARNSTAPLE’S
PREMIER SHOPPING CENTRE
UNIT 24 GREEN LANES SHOPPING CENTRE
BARNSTAPLE EX31 1UL
RENT: £47,500 pax.
Barnstaple is the commercial and administrative centre for North Devon, with a primary catchment of population of 181,000 people. Green Lanes Shopping Centre is Barnstaple’s principle covered scheme with over 5 million annual visitors. It has approximately 140,000 sq ft of retail and leisure space, 44 stores, two high street entrances and a modern 419-space car park. Nearby national tenants include TK Maxx, Vodafone, Loungers and Pandora. Other occupants include River Island, Deichmann and Wilkinsons.
The premises are arranged over ground floor: Ground Floor Sales: 153.94 sq m 1,657 sq ft
A new effectively full repairing and insuring lease by way of a service charge for a term to be agreed subject to five yearly upwards only rent reviews. Rent £47,500 per annum exclusive.
The approximate service charge is £19,647 (2018/19).
2017 £47,250 UBR 2018/19 48.0p/£ Rates Payable £26,659
Each party to be responsible for their own legal and professional costs incurred in this transaction.