Demographics
Annual Footfall
7.0 m
Demographics
65% of primary residents are affluent achievers. £544m total non-grocery spend. 529,000 shopper population.
Details
Location
Sutton Coldfield is an affluent town located 8 miles to the North East of central Birmingham. Sutton Coldfield has a total resident population of 294,500 (Source: CACI) within a 20 minute contour. The centre is approx 553,000 sq ft and benefits from footfall in excess of 150,000 per week. The centre is anchored by Marks & Spencer, House of Fraser, BHS and Boots and benefits from a 970 space car park which links directly into the main mall. The unit is located in the open section of the scheme adjoining 3 Store and EE. Neighbouring occupiers also include H&M, Argos, Pandora and Grape Tree.
Description
Gracechurch Centre dominates the town centre and provides the main retailing offer, with a comprehensive range of retail uses including young fashion, accessories, jewellery, technology and food.
Ownership
M&G Real Estate
Location
Sutton Coldfield is an affluent town located 8 miles to the North East of central Birmingham, boasting a principle catchment population of 703,000.
Anchor Tenants
House of Fraser, Lakeland, Topshop, JD, H&M
Number of Retail Units
91
Financial
Use Class
A1
Service Charge
£7,268 (2015).
Lease Term
FRI lease for a term to be agreed, subject to 5 yearly upward only rent reviews.
Tenure
Leasehold
Lease Type
New Lease
Rent
Rent is exclusive of rates, service charge and VAT.
Rates
Interested parties are advised to make their own enquiries via the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Use Class
A1
Sustainability
Energy Performance Certificate
54
Travel
Parking
890
Parking Spaces
890
Contact
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Moira Hamilton
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Lily Harral
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Alan Pearson
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Doug Tweedie
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