Birmingham, B5 4DA
Use Class E(a)
2,028 sq ft
2,028 sq ft
Marketed by Brasier Freeth,
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.
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.
Strictly by appointment. Staff are unaware.
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.
Suitably attractive incentives on offer, subject to covenant. Details upon request.
The base rent is £245,000 per annum exclusive or 10% of turnover, whichever is the higher
2023/06 - 5 years
Zero payable until 1st April 2021 due to the Government Covid-19 tax break. Prior to that the VOA website shows a Rateable Value of £163,000 and for rates payable from 1st April 2021 please refer to the Local Charging Authority, Birmingham City Council - 0121 303 1111.
Each party is responsible for their own legal and other professional costs incurred in the transaction.
The service charge for the year is approximately £27,790 per annum.
Details available upon request.
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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