Unit 7 The Burghley Centre, North Street, Bourne, PE10 9AE

£19,500 per annum exclusive

Overview

Description

Location

Description

The unit is arranged over ground floor benefiting from a prominent position and return frontage adjacent to the car park.

Location

The town of Bourne has a population of approximately 15,000 and is situated in the heart of south Lincolnshire, close to the towns of Market Deeping, Spalding, and Stamford, and approximately 16 miles from the city of Peterborough. The Burghley Centre is the town's main Shopping Centre located in a busy and popular retail location with an excellent level of footfall.

The scheme is anchored by a 12,285 sq ft M&S Simply Food and adjoins the town's main car park with approximately 160 car parking spaces. Occupiers within the Burghley Centre include Costa, Specsavers and Yorkshire Trading Company. Other national occupiers elsewhere in the town include Boots, Superdrug, Heron, Nationwide and Card Factory amongst others.

Accommodation Description

The property is arranged over ground floor with an approximate total net internal area of 1,200 sq ft (111.48 sq m).

Terms

The property is available by way of a new effectively full repairing and insuring lease for a term to be agreed. All rents and service charges are subject to VAT at the prevailing rates.

Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £20,250. This is not the annual rates payable. The rates payable will depend on the occupier's circumstances and can be obtained from www.gov.uk/correct-your-business-rates which includes a rates payable calculator.

Service charge

There is an annual service charge. Further details are available on request.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Viewing and further information

Strictly by appointment through the sole agents.