Letting summary

149 Regent Crescent

Situation

The unit is situated on the upper level adjacent to The Body Shop with close retailers close by including Goldsmiths, Gap, Skechers and Karen Millen. The exact location is shown on the attached letting plan.

Accommodation

The unit is arranged on ground floor only and offersthe following approximate dimensions and gross internal floor area:-

• Internal Width 23 ft 0in (7.08 m)
• Shop Depth 52 ft 11in (16.28 m)
• Ground Floor Area 1,257 sq ft (116.82 sq m)
• Mezzanine Area 608 sq ft (56.53 sq m)
• Total 1,865 sq ft (173.35 sq m)

Lease

The premises are available by way of a new lease contracted-out of the L&T Act for a term of 15 years on an effectively full repairing and insuring basis, incorporating 5 yearly upward only rent reviews.

Rental

Rental offers are sought in the region of £332,500 per annum or a percentage of turnover, exclusive of VAT, to be agreed, whichever is the highest, and exclisive of service charge, rates and VAT.

Service Charge

The budget service charge for the year ending 31st March 2008 is £18,750 exclusive of VAT and a 7.5% management charge.

Rating Assessment

We are verbally advised by the Local Rating Authority that the premises are assessed for rating purposes as follows:-

Rateable Value - £250,000

Rates Payable (2007/2008) - £111,000

Interested parties are advised to make their own investigations with Trafford Borough Council on 0161 912 1212.

Viewing

By appointment through Martin Acton (0207 152 5201)

marton.acton@eur.cushwake.com