Green Lanes Shopping Centre, Barnstaple

Shopping Centre - Available

Green Lanes Shopping Centre, Barnstaple

Size

131,000 sq ft (12,174.72 sq m)

Description

Green Lanes Shopping Centre is a hub for the local community in the heart of Barnstaple. It encompasses 131,000 sq ft of retail and leisure space, with over 50 units including Topshop, River Island, Wilko, TK Maxx, BHS, Monsoon & New Look.

The centre gets over 5 million annual visitors.

Location

Green Lanes is ideally located on the high street between Primark, M&S & Banbury’s department store with a 15 minute walk from Barnstaple train station.

The bus station was re-developed in recent years and gives easy pedestrian access to the shopping centre via Queen Street and Boutport Street

Demographics

The catchment covers over 175,000 people with Barnstaple being by far the leading retail destination in its catchment with no strong competitors. Exit survey statistics show: • 41 minutes average drive-time • 72 visits on average per annum • £35 average retail spend • 61% retail conversion • 60% of shoppers aged 18-54

Number of Retail Units

42

Parking

400+

Contact Us

Contact one of the team at KLM Real Estate

Call us on +44 (0)20 7317 3700

K8-17 Ground Floor, Barnstaple

K8-17  Ground Floor, Barnstaple

Description

The unit comprises ground floor retail.

Location

Barnstaple is North Devon’s major commercial and administrative centre and has a district population of 87,500 and a catchment population of 135,000 within a 35 mile radius.

The Green Lanes Shopping Centre is Barnstaple’s principle covered scheme with 44 stores, two high street entrances and a modern 419 space car park. Anchor tenants include BHS, Wilkinson and a new TK Maxx.

Tenant

Go Mobile

Rent

£25000 pa

Rates
UBR 49.3 p/£
Rateable Value £23500
Rates Payable Each party is responsible for their own legal and other professional costs incurred in the transaction. £11586

Costs

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

Lease Type

New Lease

Service Charge

£2,984 (2015/2016)

Viewing

Strictly by appointment.