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Marketed by
Unit 507, Middle Level Birmingham, B5 4BU
Use Class
E(a)
Size
1,872 sq ft
Rent pa
£285,000
Market Sector
Shopping Centre
Landlord
Canada Pension Plan Investment Board
Description
The unit occupies a highly prominent prime position on the middle level of the Bullring Shopping Centre, adjacent to Ernest Jones and Five Guys. Other nearby retailers include Mango, Starbucks, Boux Avenue, Boots and Morphe.
Location
The Bullring is the premier shopping centre in the Midlands and benefits from an annual footfall of approximately 40 million.
Key Information
Viewing
For further information, or to arrange a viewing, please contact one of the listed agents.
Accommodation
1,872 Sq.Ft
Additional Contacts
Asset Managers
Financial
Lease Term
The property is available by way of a new turnover related lease contracted outside the Landlord and Tenant Act for a term of 10 years, on an effectively full repairing and insuring lease, incorporating 5 yearly upward only rent reviews.
Rent
Subject to contract, rental offers are invited in the region of £285000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
Interested parties are advised to make their own enquiries to the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Service Charge
2018/19 - £33,307
Rates
Sustainability
Upon request
This Property is Part of a Shopping Centre
The Birmingham Estate
Developed in 2003, The Birmingham Estate has transformed Birmingham’s city centre. In excess of 38 million per year, it is one of the UK’s most successful retail destinations and regeneration projects.
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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