Retail Unit To Let in Bakers Lane Lichfield

Baker's Lane, Lichfield, UK

Facilities
  • Retail Use
Description

Retail Unit To Let in Bakers Lane Lichfield.
Location
Lichfield is an affluent cathedral city located 15 miles
North East of Birmingham and 6 miles North West of
Tamworth and benefits from a district population of
approximately 93,000. The Three Spires Shopping
Centre is the prime trading location in the city centre,
anchored by Debenhams, other multiple retailers
located in the city include Fat Face, WH Smith, New
Look, Marks and Spencer, Caffe Nero, Dorothy
Perkins, EE, Holland & Barrett, The Body Shop
and Costa Coffee.
The property is situated in a prime trading location
within Three Spires Shopping Centre. Recent
transactions have included the upsize of
SportsDirect, and new lettings to The Entertainer,
Tiger, Coffee #1 and Mountain Warehouse.
Accommodation
Lease
The premises are offered by way of a new 10 year
effectively fully repairing and insuring lease subject to
five yearly upward only rent reviews.
Internal Width 5.84 m 19’ 2”
Shop Depth 19.02 m 62’ 5”
Ground Floor Sales 109.25 sq m 1,176 sq ft
First Floor Ancillary 31.7 sq m 341 sq ft
Commencing Rental
£47,500 per annum exclusive of service charge,
business rates, building insurance and VAT.
Service Charge
A service charge is applicable on the unit at
£5,627.69 per annum.
Rating Assessment
Rateable Value £49,750
This information if 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 Certificates
C63 – full EPC available upon request.
Legal Costs
Each Party are to be responsible for their own
legal costs incurred within the proposed
transaction.

Area
1517 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£47500
Location
Make an enquiry

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