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Retail Units & Shops

West Midlands

Solihull

property

54 Drury Lane, Mell Square, Solihull - Picture 2

Let

This property is part of an unsponsored shopping centres scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

54 Drury Lane 54 Drury Lane, Mell Square Shopping Centre, Solihull, B91 3BH

Use Class

E(a)

Rent pa

£35,000

Market Sector

Shopping Centre

Description

The property is situated in a prominent secondary trading location close to House of Fraser Department Store. The property is near to Gant and also a number of quality independent retailers including Clements & Church, Le Scarpe, Perspective Opticians, Katherine Draisey, Sipsey Lingerie, Onu etc.

Location

Solihull is one of the UKÃÂs most afluent towns and is located approximately 10 miles South East of Birmingham. Mell Square is a 500,000 sq ft open shopping centre and is anchored by Marks & Spencer, House of Fraser, Boots, WHSmith, TK Maxx and Sainsburys.

Key Information

Viewing

Strictly by appointment with ROBERT ALSTON (07768 650446) or joint agent NICK DE-PONS of BWD (0121 262 6542)

Accommodation

Dimensions

Feet

Metres

Internal Width

19.1

5.82

Shop Depth

63.1

19.2

Areas

Sq.Ft

Sq.M

Sales Area

1,033

First Floor Storage/Staff

533

49.5

Downloads

Brochure

54 Drury Lane, Mell Square, Solihull - Brochure 1

Financial

Lease Type

New Lease

Lease Term

10 year full repairing and insuring lease contracted outside the Landlord & Tenant Act.

Rent

Subject to contract, rental offers are invited in the region of £35000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Service Charge

Â£2,000 per annum 2016/17.

Tenure

Leasehold

Rates

Rateable Year:

2016

Rateable Value:

£38,000.00

Rates payable:

£18,886.00

UBR:

49.7p/£

This Property is Part of a Shopping Centre

Mell Square

Anchored by House of Fraser, Sainsbury's and Boots. Leisure: Costa Coffee, Greggs Moment and Cappuccino

Rob Alston RetailBWD

Disclaimer

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.