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Marketed by
Unit 734, Upper Level Birmingham, B5 4BU
Use Class
E(a)
Size
1,126 sq ft
Rent pa
£180,000
Market Sector
Shopping Centre
Landlord
Canada Pension Plan Investment Board
Description
The unit is situated in a prime location in the Bullring. It is within close proximity to Zara, Selfridges, All Saints, Ted Baker, Whistles, Michael Kors, Russell & Bromley and Diesel.
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
1,126 Sq.Ft
Additional Contacts
Asset Managers
Financial
Lease Term
The premises are available by way of a new turnover related lease contracted outside of the Landlord and Tenant Act for a term of 10 years, on an effectively full repairing and insuring basis, incorporating 5 yearly upward only rent reviews.
Rent
Rent offers are sought in the region of the higher of £180,000 per annum as 80% of OMV or a percentage of gross turnover, excluding VAT.
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 - £13,235
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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