Part of a retail

Portfolio | Hammerson

Retail Units & Shops

West Midlands

Birmingham

property

To Let

Unit 90, Corporation Street Priory Walk, Birmingham, B4 7LJ

Owned by

Use Class

E(a)

Size

5,028 sq ft

Rent pa

£30,000

Market Sector

Shopping Centre

Landlord

Hammerson PLC

Description

The Square occupies a prominent position within the heart of Birmingham City centre’s retail core, with frontages to Corporation Street, Bull Street and Dale End. Retailers within the local and immediate vicinity include Brighthouse, Greggs, CEX and McDonalds. The scheme benefits from 1,200 space public car park.

located within close proximity.

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

5,028 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor Sales

2,057

191

Basement

2,960

274

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

Subject to contract, rental offers are invited in the region of £30000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

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

Service Charge

£17,418 per annum

Tenure

Leasehold

Rates

Rateable Year:

2017

Rateable Value:

£31,500.00

Rates payable:

£15,656.00

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

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.

Marketed by