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Unit SU322, Bullring Shopping Centre The Bullring, Birmingham, B5 4DA
Agents
Brasier Freeth
Anthony Appleby
Russell Jerrard
Asset Managers
Hammerson PLC
Katy Letch
Lauren Wellman
Kelly George
Ian Moore
Deborah Hastings
Use Class
E(a)
Size
2,028 sq ft
Rent pa
£245,000
Key Features
Confidential - trading store, staff are unaware
100% prime trading location
Excellent opportunity
Description
Prime Retail Unit
This unit occupies a highly prominent position on the lower mall close to Selfridges being the main anchor and surrounded by other leading retailers including JD Sports, Next, EE, Sketchers, Thomas Sabo and Smiggle.
Key Information
Viewing
Strictly by appointment. Staff are unaware.
Accommodation
2,028 Sq.Ft
Financial
Lease Type
Existing Lease
Lease Term
Held on an existing effectively fully repairing and insuring lease by way of a service charge for a term of 10 years from 24 June 2018. There is only one rent review in June 2023. Alternatively a sublease might be considered with suitably attractive incentives on offer, subject to covenant. Details available upon request.
Rent
The base rent is £245,000 per annum exclusive or 10% of turnover, whichever is the higher
Rent Review
Next review date 2023/06
Rates
The VOA website shows that the new Rateable Value from April 2023 will be £156,000. For rates payable please refer to the Local Charging Authority, Birmingham City Council - 0121 303 1111.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Service Charge
The service charge for the year is approximately £27,790 per annum.
Tenure
Leasehold
Sustainability
Energy Performance Certificate
Energy Performance Certificate Information
Details available upon request.
This unit is part of The Birmingham Estate
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.
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.
All data ©2025 Completely Property Technology Limited
This was last updated on 14/03/2024