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Unit 43 / 1 Victoria Arcade Unit 43 / 1 Victoria Arcade, The Mander Centre, Wolverhampton, WV1 3NH

Use Class

Use Class

E

Size

Size

2,746 sq ft

Rent pa

Rent pa

POA

Market Sector

Market Sector

High Street Scheme

Description

This unit is situated in a strong position on the lower mall adjacent to Sony. Other nearby retailers include B&M, Bodycare and H&M.

Location

The Mander Centre has firmly established itself as the prime retail location in Wolverhampton, with an annual footfall of 17 million. The centre has a total resident catchment of approx. 584,000 and is easily accessible by both road and rail. The scheme is anchored by Frasers (incorporating Sports Direct, USC, Flannels and Frasers). Other retailers in the centre include New Look, H&M, JD Sports, Matalan, B&M, Wilko and Footasylum amongst others.

Key Information

Viewing

Strictly by appointment.

Accommodation

2,746 Sq.Ft

Areas
Sq.Ft
Sq.M
Lower Mall
1,437
133
Basement
1,309
121

Financial

Lease Type

New Lease

Lease Term

The property is available by way of a new FRI lease for a term of years to be agreed.

Costs

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

Service Charge

£22,905

Rates

Rateable Year:
2021
Rateable Value:
£28,000.00
Rates payable:
£13,972.00
UBR:
49.9p/£

This Property is Part of a High Street Scheme

Mander Shopping Centre

A covered Shopping Centre at the heart of the Wolverhampton City Centre with a strategic link between Dudley Street and Victoria Street and adjoining the Wulfrun Centre at Gallery Level. A 30,000 sq ft H&M store, JD Sports and Sports Direct. Other retailers include New Look, JD, Superdrug and Footasylum. The City is a focal point of a number of major trunk roads which directly link to Junction 10 of the M 6 (approx. 5 miles to the East). Junction 2 of the M54 (approx. 4 miles to the North) and Junction 2 of the M2 (approx. 7 miles to the South East). The Western Orbital Motorway connecting the M42 and the M54 motorways has an improved accessibility. Victoria Arcade is the link between prime Mander Centre and the newly pedestrianised Victoria Street in the centre of Wolverhampton. Following a £15.7m investment in the public realm by Wolverhampton City Council, the street has been pedestrianised with the intention to create a new thriving Food & Beverage destination for the centre. The Beatties Building is under new ownership with plans to convert this landmark building into a residential lead scheme, opposite the Mander Centre. Victoria Arcade will be the anchor for this new dining and entertainment hub, with a 17,000 sq ft Superbowl alongside 22,200 sq ft of flexible restaurant accommodation to the north of the mall.

Jackson CrissCushman & 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.

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