Commercial Property: Forum Court, Dreams in Stevenage

£50,000p.a Forum Court, Dreams
1
Stevenage Forum Court, Dreams £50,000p.a
Added 12 / 10 / 2023

Location

The property is situated in a prominent position on the Forum Court near to the Westgate Shopping Centre.

The town centre benefits from excellent transport connections being situated on the East Coast mainline with direct services to London King’s Cross in 20 minutes and a short distance of both Luton and Stansted airports.

The premises is well situated amongst a vibrant mis of national retailers in the nearby vicinity including Sports Direct, Clarks, Barclays and Game.

The unit also benefits from a a £120 million proposal to redevelop land at The Forum into a vibrant employment and skills quarter. Specifically, active commercial uses at ground floor level, featuring new restaurant and retail units. The proposal also includes a new 315-space multi-storey car park – along with public realm improvements featuring a new landscaped square and pedestrian link.

 

Context

Subject to Vacant Possession.

Accomodation

The property is arranged over ground floor only, comprising the following approximate net internal floor areas:

  • Ground Floor
    339 sq m 3646 sq ft

Rates

We have been verbally advised that the property is assessed as stated below.

Interested parties are advised to make their own enquiries with the Local Authorities.

  • Rateable Value
    £63,000
  • UBR (2023)
    0.512
  • Rates Payable
    £32,256

EPC

The property has an EPC rating of ‘B’.

Legal Costs

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

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