FHP Property Consultants

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Savills

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Unit 28, The Parade, Gracechurch Centre

Gracechurch Centre
Sutton Coldfield, B72 1PA

Use Class E

839 sq ft

£50,000

Use Class

E

Size

839 sq ft

Rent pa

£50,000

Marketed by FHP Property Consultants, Savills

Last updated 04/03/2022
Unit 28, The Parade

Key Points

  • Retail unit to let
  • High footfall
Sutton Coldfield is an affluent town located 8 miles to the north east of Birmingham. The centre is approximately 550,000 sq ft with weekly footfall in excess of 130,000.

The centre is anchored by Marks & Spencer, House of Fraser and H&M. Recent lettings in the scheme have included Tiger, Office, Swarovski, Lakeland and Fat Face.

The unit is in a prominent position facing onto The Parade adjacent to Marks and Spencer.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor 829.0077.00
Basement 146.0013.60
First Floor 714.0066.30

Financial

Lease Term

The premises are available by way of a new effectively FRI lease for a term to be agreed, subject to 5 yearly upward only rent reviews.

Rent

Rent is exclusive of rates, service charge and VAT.

Rates

Interested parties are advised to make their own enquiries to the Local Authority to confirm this information.

Rateable Year:2015
Rateable Value:£45,500.00
Rates Payable:£22,614.00
UBR:--

Costs

Each party is responsible for their own legal costs incurred in this transaction.

Service Charge

£7,011 (2016).

Last Updated

04/03/2022

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.

All data ©2022 Completely Property Technology Limited

FHP Property Consultants

FHP Property Consultants

Savills

Savills

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M&G Real Estate

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