M and G Real Estate

Unit 28, The Parade, Gracechurch Centre

210a Parade

Sutton Coldfield, B72 1PA

Use Class E

839 sq ft

£50,000

Use Class

Size

839 sq ft

Rent pa

£50,000

Marketed by Savills UK & Ireland, FHP Property Consultants,

Last updated 09/02/2021

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.

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

09/02/2021

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.