Letting summary

43 Regent Crescent

Situation

The unit is situated on the lower level adjacent toVirgin Cosmetics and Fraser Hart Jewelers with retailers close by including River Island, Waterstones and Bhs. 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 19ft 0in (5.85m)
• Shop Depth 63ft 5in (19.51m)
• Ground Floor Area 1,262 sq ft (117.29 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 £265,000 per annum or a percentage of turnover, exclusive of VAT, to be agreed, whichever is the highest, and exclusiveof service charge, rates and VAT.

Service Charge
The budget service charge for the year ending 31st March 2006 is £12,200 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 - £225,000
• Rates Payable (2005/2006) - £74,299.16

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

Viewing
By appointment through Martin Acton (020 7152 5201)martin.acton@eur.cushwake.com