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Part of a retail

Portfolio | Hammerson

Retail Units & Shops

West Midlands

Birmingham

property

Let

Unit 52-54, Dale End Priory Walk, Birmingham, B4 7LJ

Owned by

Use Class

E(a)

Size

42,630 sq ft

Rent pa

POA

Market Sector

Shopping Centre

Landlord

Hammerson PLC

Description

Dale End forms part of The Square Shopping Centre and is situated in the heart of Birmingham City access via High Street and Bull Street. Comprising a parade of mainly local shops with a variety of A1, A2 and A3 uses. This building sits opposite the new Ikea opening late August 2016. The property was formerly used as the O2 Academy offering large city centre space which is suitable for a variety of use subject to planning.

Location

Birmingham is the UK’s second city with a shopping catchment of approximately 7.2 million people within a 1 hour drive. The main retailing area in the city centre evolves around the Bullring shopping centre together with High Street and New Street.

Key Information

Viewing

Strictly by appointment.

Accommodation

42,630 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

11,816

1,097

Stage

1,048

97.4

Storage

2,471

229

First Floor

12,167

1,130

Second Floor

1,632

151

Additional Contacts

Asset Managers

Financial

Lease Type

New Lease

Lease Term

Rental units are available on flexible terms. The lease will be contracted out of the Security of Tenure provisions of the Landlord & Tenant Act 1954 (Part II).

Rent

On Application

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

Service Charge - £40,710 per annum

Tenure

Leasehold

Rates

Rateable Year:

2017

Rateable Value:

£157,000.00

Rates payable:

£78,030.00

UBR:

49.7p/£

This Property is Part of a Shopping Centre

Martineau Galleries

Hammerson became sole owner of the Martineau Galleries in March 2015. Situated in Birmingham’s city centre, the scheme comprises a 270,000 sq ft shopping centre, Dale and Century House, which is home to HMV’s presence in Birmingham, King’s Parade and Londonderry House. Key Facts • Acquired 100% ownership in March 2015 • 63 tenants • 379,000 sq ft • 2,040 parking spaces

JLLCushman & Wakefield

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.