Retail unit to let in Birmingham

Retail unit to let - Dale End, Birmingham B4 7LN, UK

Facilities
  • 24 hr Access
  • Retail Use
  • Self contained premises
Description

Retail unit to let in Birmingham
Location
Birmingham is the UK’s second city with a shopping catchment of approximately 7.2 million people within a 1 hour drive. The main retailing area in the city centre evolves around the Bullring Shopping Centre together with High Street and New Street.

Description
The square occupies a prominent position within the heart of Birmingham City Centre’s retail core, with frontages to Corporation Street, Bull Street and Dale End. Retailers within the local and immediate vicinity include the new in town Greggs, CEX and McDonalds. The scheme benefits from 1,200 space public car park located within close proximity.

Accommodation
Ground Floor - 2675 sqft (248.5 sqm)
Basement - 1931 sq ft (179.4sqm)

Tenure
Retail units are available on flexible terms. The lease will be contracted out of the Security of Tenure provisions of the Landlord and Tenant Act 1954 (Part II) with a rolling break from June 2022.

Commencing Rental
£50,000 per annum exclusive of service charge, business rates, building insurance and VAT.

Service Charge
£3509 (2018/19)

Insurance £1104 (2019/20)

Rating Assessment
Rateable Value (19/20) - £64,500
Rate in £ (19/20) - 49.1p

RETAIL UNIT TO LET
3 KINGS PARADE, BIRMINGHAM, B4 7LN
The 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
D:76 – full EPC available upon request.
Legal Costs
Each Party are to be responsible for their own legal costs incurred within the proposed transaction.

Date Amended: August 2019. All transactions are stated exclusive of VAT. Subject to Contract.
Location
Birmingham is the UK’s second city with a shopping catchment of approximately 7.2 million people within a 1 hour drive. The main retailing area in the city centre evolves around the Bullring Shopping Centre together with High Street and New Street.

Area
2675 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£50000
Location
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