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MILTON KEYNES
Unit 16, Westcroft District Centre, MK4 4DD
D1 Units (Other Uses STP) TO LET (3 MONTHS RENT FREE)
97.82 Sq m (1,053 Sq ft)
Location
The units are situated in the side mall at the Westcroft District Centre which is anchored by a Morrisons food store of some 8,798 sq m (94,702 sq ft) with extensive free car parking.
Other retailers in the development include Next, Boots, In-Store, Thomas Cook, Blockbuster and Ladbrokes amongst others.
The development is located some 2.5 miles to the south west of central Milton Keynes.
Description
The units comprise fitted premises arranged over ground floor.
Planning
The units benefit from Class D1 planning permission but are suitable for other uses subject to planning.
Rating
We are verbally advised the 2010 Rateable Values for Units 16 and 17/18 are £11,750 and £17,500 respectively, the UBR for 2010/2011 being 40.7p.
Interested parties are advised to make their own enquiries to the Local Authority for verification purposes.
VAT
All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate.
Accommodation
The units comprise the following approximate floor areas:
| Sq m | Sq ft | |
|---|---|---|
| Unit 16 - Ground Floor | 97.82 | 1,053 |
| Unit 17/18 - Ground Floor | 200.85 | 2,162 |
Note: The above areas have been calculated on an approximate net internal basis and must be verified by the ingoing tenants.
Terms
The units are available by way of new full repairing and insuring leases for terms to be agreed subject to 5 yearly rent reviews at the following commencing rentals:
Unit 16 £17,500 per annum exclusive
Unit 17/18 £32,500 per annum exclusive
The initial annual service charge and building insurance for the units will be in the region of:
Unit 16 £2,004/£329
Unit 17/18 £3,473/£425
An incentive equivalent to 3 months rent free is available subject to covenant status and length of lease, to be given as a reduced rent over the first year of the term.
Viewing
Strictly by appointment through sole agents.
Contact
