Letting summary

12 Regent Crescent

Situation
The unit is situated on the lower level adjacent to T-Mobile and Thomson Travel Agents with retailers close by including Regis Hairdressers, Sony Centre and Debenhams. The exact location is shown on the attached letting plan.

>Accommodation
The unit is arranged on ground floor only and offers the following approximate dimensions and gross internal floor area:-

• Internal Width 18ft 2in (5.59m)
• Shop Depth 90ft 7in (27.87m)
• Ground Floor Area (GIA) 1,604 sq ft (149.07 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 £253,000 per annum or a percentage of turnover, exclusive of VAT, to be agreed, whichever is the highest, and exclusive of service charge, rates and VAT.

Service Charge
The budget service charge for the year ending 31st March 2006 is £15,400 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 - £197,000
• Rates Payable (2006/2007) - £83,922

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

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