MMX Retail

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Romford

Unit GL1 Lockwood Walk, Liberty shopping centre, The Liberty Centre, RM1 3RL

Landlord Instruction

Shop To Let

GL1 Lockwood Walk, Liberty shopping centre, The Liberty Centre - Picture 2

Size

5,271 sq ft (490 sq m)

Owner

Cosgrave Property Group

Use Class

A1

Rent

Available upon application. Rent is exclusive of rates, insurance and VAT (if applicable).

Address

Romford,
RM1 3RL, South East

Location

Romford is a thriving shopping town and is a top 5 regional shopping centre for Greater London. The scheme attracts over 24 million shoppers every year and is ranked 31 in the UK hierarchy of shopping destinations.

Description

The subject premises occupy a prominent location at the entrance to Liberty Shopping Centre, positioned at the junctions of Western Road and Lockwood Walk. Surrounding retailers include Sportsworld, Waterstone’s, HMV, Bhs and Dorothy Perkins. The adjacent unit has been let to Card Factory. Recent arrivals in The Liberty Centre include Stormfront, Superdry and Swarovski.

Rates

  • Rateable Value: £154,000
  • UBR: 0.50p/£
  • Rates Payable: £70,532

This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the Valuation Office Agency 0845 602 1507.

Accommodation

The property is arranged over ground and first floors.

  • Dimensionsftm
  • Internal width33.6010.24
  • Depth64.0019.50
  • Areassq ftsq m
  • Ground floor2139.00198.71
  • First floor (potential sales)3132.00290.96
  • Total Size5,271490

Tenure

Leasehold

Lease Type

New Lease

Lease Term

The unit is available by way of a new effectively full repairing and insuring lease for a term of 10 years, subject to 5 yearly upward only rent reviews.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

The current service charge rate is approximately £32,269 per annum, exclusive of VAT.

Viewing

Strictly by appointment via the joint agents.

Scheme Website

http://www.theliberty.co.uk/

TO ENQUIRE ABOUT THIS PROPERTY CONTACT

  • MMX Retail
    • Nick Symons
      • Mobile: 07977998825
      • Office: 0203 130 4650
      • Direct: 0203 1304654
    • Harry Pickering
      • Mobile: 07969 532716
      • Direct: 0203 130 4657
      • Office: 0203 130 4650

  • ALTERNATIVELY CONTACT THE JOINT AGENT

  • CBRE
    • Antony Carroll
    • Neill Mylroie
      • Office: 020 7182 2000

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Individual Contacts

  • MMX Retail
    • Nick Symons
      BSc (Hons), MRICS
      • M: 07977998825
      • O: 0203 130 4650
      • D: 0203 1304654
      Download V-Card
    • Harry Pickering
      BSc (Hons) MRICS
      • M: 07969 532716
      • D: 0203 130 4657
      • O: 0203 130 4650
      Download V-Card
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