Retail unit to let.
Location
Eastgate Centre occupies a prime location in the heart of Basildon, comprising 750,000 sq ft of retail accommodation including over 100 shops and restaurants, plus 1,700 car parking spaces and annual footfall of approx. 11.75m.
The scheme is home to national brands such as Primark, ASDA, New Look, JD Sports, Poundland, Starbucks, Deichmann, River Island, Superdrug, McDonald's, The Entertainer, Holland & Barrett and HMV.
The former Debenhams has also secured planning for a new 24/7 Hospital offering both NHS and private healthcare services, creating some 300 jobs. Further details available.
Accommodation
The unit comprises the following approximate net internal floor areas:
Ground Floor - 3,011 sq ft (279.73 sq m)
Terms
Lease - Subject to securing vacant possession, the property is available by way a new effectively full repairing and insuring lease for a term to be agreed. Staff unaware.
Rental - On application. Rent exclusive of service charge, insurance, utilities, business rates and VAT.
Business Rates - We are electronically advised by the VOA that the property is assessed as follows:
Rateable Value £39,500
Rates Payable (2024/2025) £19,711 Approx.
Service Charge & Buildings Insurance - Service Charge payable for the year 2024 is approximately £27,070 per annum, with insurance of £873 per annum, and a marketing charge of £981 per annum plus VAT
Energy Performance Certificate - A copy of the EPC Certificate is available upon request.
Costs - All figures quoted are exclusive of VAT where applicable.