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Retail Units & Shops

Staffordshire

Tamworth

property

Unit 2 Bitterscote, Tamworth - Picture 2022-06-14-14-50-24

To Let

Unit 2 Bitterscote Unit 2 Jolly Sailor Retail Park, Bitterscote Drive, Tamworth, B78 3HD

Use Class

Size

16,000 sq ft

Rent pa

£247,894

Market Sector

Retail & Shopping Park

Description

The premises are arranged over ground and first floors.

Location

The Jolly Sailor Retail Park is well located to the South west of Tamworth town centre and 3 miles to the West of the M42. Tamworth has a primary catchment area of 130,000 and is projected to see above average growth.

The Park consist of 140,000 sq. ft of retail space with 780 car parking spaces, It forms part of the wider Ventura Park retail cluster. Ventura Park is home to over 700,000 sq. ft of retail warehouse accommodation ranked in the top 20 retail park clusters.

The Park is anchored by Sainsburys with TK Maxx, Wilko Pets at Home and Poundland. Other nearby retailers on the wider Ventura Park include Next, Primark, Sports Direct.

Key Information

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser’s funds will also be required.

Accommodation

16,000 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground

11,000

1,021

First

6,000

557

Downloads

Brochure

Unit 2 Bitterscote, Tamworth - Brochure 2023-04-24-13-09-16

Floor Plan

Unit 2 Bitterscote, Tamworth - Brochure 2022-06-14-14-53-13

Goad Plan

Unit 2 Bitterscote, Tamworth - Brochure 2022-06-14-14-53-35

More Information

Website

Financial

Lease Type

Existing Lease

Lease Term

Lease runs until 19th December 2029 with a TOB on the 10th December 2024 at a passing rent of £247,894 pa.

Rent

Subject to contract, rental offers are invited in the region of £247894 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

Each party is to be responsible for their own legal costs incurred in the transaction. VAT if applicable will be charged at the standard rate.

Service Charge

£10,136 pa

Tenure

Leasehold

Rates

Rateable Year:

2023

Rateable Value:

£198,000.00

Rates payable:

£101,376.00

UBR:

51.2p/£

Sustainability

Energy Performance Certificate

Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Energy Performance Certificate Information

An Energy Performance Asset Rating has been given of B-43. A certificate can be made available.

Disclamier

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.