Shop to let in Leicester

Shop to let - 37 Gallowtree Gate, Leicester, UK

Facilities
  • 24 hr Access
  • Retail Use
  • Self contained premises
Description

Shop to let in Leicester town centre.
Location
Gallowtree Gate is one of the prime pedestrianized retail frontages within Leicester town centre linking into Humberstone Gate and both the Haymarket and The Shires Shopping Centres. The subject premises are situated diagonally opposite to Marks and Spencer adjacent to E-Cig, Wizard and WHSmith. Other retails of note in the near vicinity include Card Factory, Boots, Poundland, Pret A Manger, EE and H Samuel.

Description
The premises comprise a shop on Ground, First and Second Floors with the following approximate areas:
Internal Width Max - 85 m (27’ 10”)
Narrows to 6.0 m (19’ 8”)
Built Depth - 30.6 m (100’4”)
Ground Floor Sales - 197.3 sq m (2124 sq ft)
1st Floor Storage - 201.67 sq m (2170.8 sq ft)
2nd Floor Storage - 181.45 sq m (1953 sq ft)

Lease
The premises are available by way of a new lease for a term to be agreed.

RETAIL PREMISES TO LET
37 GALLOWTREE GATE LEICESTER, LE1 5AD
SUBJECT TO VACANT POSSESSION

Commencing Rental
£65,000 per annum exclusive of service charge, business rates, building insurance and VAT.

Service Charge
There is a small service charge levied annually, the current year 19/20 is £3,799.05.

Rating Assessment
Rateable Value - £85,500
18/19 Rate in 49.3p
18/19 Rates Payable - £42,151.50
This information is for guidance purposes only. Interested parties are advised to make their own enquiries with Leicester Council to confirm the rates payable and whether any transitional relief applies.

EPC Rating
Full EPC available upon request.

Legal Costs
Each Party are to be responsible for their own legal costs incurred within the proposed transaction.
Misrepresentation Act
Whilst every care is taken in the preparation of this information and the vendor/lessor take no responsibility for any error, mis-statement or omission in these details. Measurements are approximate and for guidance only. These particulars do not not constitute an offer or contract and members of the agent's firm have no authority to make any representation or warranty in relation to the property.

Area
2124 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£65000
Location
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