Unit SU67-68, Upper Floor

Leicester, LE1 4AN

Unit SU67-68, Upper Floor

Demographics

Demographics

Footfall - 18 million per year Average dwell time - 82 minutes Average spend - £72 Average visitor frequency - 4.3 times per month

Details

Description

The property is arranged over ground floor and mezzanine.

Location

The property is located in a central position on the Lower Mall. The adjacent tenants are Zara and Mango with numerous other aspirational retailers in the vicinity including Karen Millen, Timberland, Thomas Sabo and H&M.

Description

Highcross opened to the public in September 2008, combining an extensive refurbishment of the former Shires shopping centre, together with a 61,000 sq m mixed-use extension. Highcross is anchored by John Lewis and Debenhams department stores and a Showcase Cinema de Lux. Key Facts: • 3,000 parking spaces • Opened 2008 • 106,000 sq m net internal area

Anchor Tenants

John Lewis, Debenhams, House of Fraser, Showcase Cinema de Lux

Number of Retail Units

140

Accommodation

Anchors - John Lewis, Debenhams, Showcase Cinema de Lux Major Stores - Next, Zara, Apple, Reiss, Superdry, H&M, New Look , Topshop, Hugo Boss Restaurants - Wagamama, Handmade Burger Co., YO! Sushi, Nando’s, Carluccio’s, Zizzi’s, Byron, Bill’s, TGI Fridays, Chimichanga

Areas
Area sq ft sq m
Ground Floor 1,551 144
Mezzanine 476 44
  2,027 188
Ownership

Hammerson/ M&G Real Estate

Financial

Rent

The passing rent is £165,000 per annum exclusive of rates, service charge and VAT (if applicable).

Rates

Rateable Value - £144,000 UBR 51.3 Rates Payable £73,872 Transitional phasing may apply. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Lease Type

Existing Lease

Lease Term

The property is held on a lease expiring 17th August 2025. The lease in contracted outside the Landlord & Tenant Act.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Use Class

A1

Tenure

Freehold

Further Information

Viewing

Strictly by appointment.

Travel

Parking

3000