Retail Shop to let in Marlborough Town Centre

Retail Shop to let - Priory Walk, Birmingham, UK

Facilities
  • Retail Use
  • Self contained premises
Description

Retail Shop to let in The Square Shopping Centre, Birmingham City Centre.
Location
The Square Shopping Centre is situated in the heart
of Birmingham City Centre in between the bus station pick up and drop offs on Bull Street an Priory Queensway in between High Street and Corporation Street. The scheme is anchored by B & M Stores and the Oasis Indoor Market.
Description
The subject premises are situated in the heart of the Shopping Centre, nearby retailers include Priory News, Hoet Hairdressing Academy and Gadget Exchange.
Accommodation
The property comprises a retail premises on ground floor and mezzanine floors with the following approximate areas:-
Ground Floor Sales 91.1 sq m 981 sq ft
Mezzanine 16.6 sq m 179 sq ft
Staff 26.30 sq m 283 sq ft

Tenure
The premises are available by way of a new lease with a rolling Landlord redevelopment break clause from Jan 2021.
Rental
£20,000 per annum exclusive of service charge, business rates, building insurance and VAT.

Service Charge
The current service charge for the unit is £7728 (18/19) per annum, subject to variation.

Rating Assessment
Rateable Value £14,000
Rate in £ (2018/19) 48p
Rates Payable £6,720
This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the relevant charging authority to confirm rates payable and whether any transitional relief applies.
Energy Performance Rating
A full EPC available upon request.
Legal Costs
Each Party are to be responsible for their own legal costs incurred within the proposed transaction.

Area
981 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£20000
Location
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