Location
The subject premises is situated within a prime trading location forming a part of Elder Gate Centre, Milton Keynes.
Occupiers within the vicinity include Burger King, McDonalds and Taco Bell. Retailers opposite the scheme at The Place Retail Park include Currys, Aldi, American Golf and Starbucks.
Accomodation
The property is currently divided into two separate units, which are due to be refurbished and could also be amalgamated into one.
The subject premises is arranged over ground floor, comprising the following net internal floor area:
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Unit 1 (Right)
378.5 sq m 4074 sq ft
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Unit 2 (Left)
227 sq m 2444 sq ft
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Total
605.5 sq m 6518 sq ft
Lease
The premises is available by way of a new effectively full repairing and insuring lease for a term by agreement, subject to upward only rent reviews every fifth year.
Rates
We have been verbally advised that the premises is assessed as follows:
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Unit 1 Rateable Value
£84,500
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Unit 1 UBR
0.599
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Unit 1 Rates Payable
£46,137
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Unit 2 Rateable Value
£43,500
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Unit 2 UBR
0.499
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Rates Payable
£21,706.50
EPC
An EPC for both units have been commissioned and can be provided upon request.
