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Mason Partners

Unit 2 Stourbridge, DY8 1HJ

Use Class

Use Class

E

Rent pa

Rent pa

£45,000

Market Sector

Market Sector

Shopping Centre

Description

The subject property is located in a 100% prime corner position at the entrance to the Ryemarket Shopping Centre with retailers including Boots, Waitrose, WHSmith, Peacocks, Costa, Carphone Warehouse, The Works and Roman.

Location

Stourbridge is located on the edge of the 'Black Country' in the West Midlands and less than 15miles from Birmingham. The town benefits from an affluent catchment coming in from the outlying villages and has a population of 55,000 persons and a catchment within 10km of circa 450,000 persons.

Accommodation

The premises are arranged over ground, first and second floors. NB: There is potential to extend the property to create a ground floor sales area of circa 2,300 sq.ft. (213.67 m²). Further information is available upon request.

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,635
151.89
First Floor Ancillary
1,389
129.03
Second Floor Ancillary
1,219
113.24

Financial

Lease Type

New Lease

Lease Term

The premises are available to let by way of a new effectively full repairing and insuring lease, for a term to be agreed.

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

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

Tenure

Leasehold

Rates

Rateable Year:
2015
Rateable Value:
£38,250.00
Rates payable:
£18,857.00
UBR:
49.3p/£

This Property is Part of a Shopping Centre

Ryemarket Shopping Centre

Ryemarket Shopping Centre is the main shopping area serving the town and comprises 180,000 sq ft of covered retail accommodation arranged over one level, comprising 34 retail units and a multi storey car park with a capacity of 340 vehicles. The centre is anchored by Waitrose, WH Smith and Home Bargains. Other notable retailers include, Dorothy Perkins, Boots, Iceland, Peacocks, Pump Gyms, The Works and Holland & Barrett. Ryemarket Shopping Centre is improving along with the regeneration of Stourbridge town centre, with a new logo and new signage. The centre is also investing in the refurbishment of selected retail units to make them ready for new stores to occupy with minimum work required from the retailer.

Lambert Smith HamptonMason Partners

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.

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