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Unit SU322, Bullring Shopping Centre The Bullring, Birmingham, B5 4DA

£ 245,000 pa / 2,028 sq ft
Use Class

Use Class

E(a)

Size

Size

2,028 sq ft

Rent pa

Rent pa

£245,000

Prime Retail Unit

This unit occupies a highly prominent position on the lower mall close to Selfridges being the main anchor and surrounded by other leading retailers including JD Sports, Next, EE, Sketchers, Thomas Sabo and Smiggle.

  • Confidential - trading store, staff are unaware

  • 100% prime trading location

  • Excellent opportunity

Located in the heart of Birmingham city centre, The Bullring is the premier shopping centre in the City Centre and benefits from a footfall of 40 million visitors each year.

Key Information

Viewing

Strictly by appointment. Staff are unaware.

Accommodation

2,028 Sq.Ft

Dimensions
Feet
Metres
Internal Width
18.4
5.61
ShopDepth
81.9
25
Areas
Sq.Ft
Sq.M
Ground Floor Area
2,028
188

Financial

Lease Type

Existing Lease

Lease Term

Held on an existing effectively fully repairing and insuring lease by way of a service charge for a term of 10 years from 24 June 2018. There is only one rent review in June 2023. Alternatively a sublease might be considered with suitably attractive incentives on offer, subject to covenant. Details available upon request.

Rent

The base rent is £245,000 per annum exclusive or 10% of turnover, whichever is the higher

Rent Review

Next review date 2023/06

Rates

The VOA website shows that the new Rateable Value from April 2023 will be £156,000. For rates payable please refer to the Local Charging Authority, Birmingham City Council - 0121 303 1111.

Costs

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

Service charge

The service charge for the year is approximately £27,790 per annum.

Tenure

Leasehold

Sustainability

Energy Performance Certificate

78

Energy Performance Certificate Information

Details available upon request.

About Birmingham

Birmingham

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Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 14/03/2024