Letting summary

145 Peel Avenue

Situation

The unit is situated on the upper level adjacent to Thorntons with retailers close by including Hugo Boss, Apple, HMV and Topshop/Topman. The Exact location is shown on the attached letting plan.

Accommodation

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

• Internal Width 22ft 11in (7.05m)
• Shop Depth 45ft 6in (13.86m)
• Ground Floor Area 912 sq ft (84.72 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 3275,000 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 ening 31st March 2008 is £9,800 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 porposes as follows:-

• Rateable Value - £193,000
• Rates Payable (2007/2008) - £85,692

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