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 circa 8 miles to the North East of Central Birmingham. Supporting a total resident population of circa 295,000 (within a 20 minute drive time). The 550,000 sq ft scheme benefits from an annual footfall of circa 8 million. New lettings in this scheme include Topshop/Topman, Fat Face & Pandora (relocation).
Description
The Gracechurch Centre is the prime retail pitch in the town anchored by Marks & Spencer, House of Fraser, BHS and Boots and also provides the town’s main 890 space car park. The unit is located at the interchange between Kings Court and South Mall adjacent to the Post Office and Everything Everywhere and opposite H&M.
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
90
Financial
Use Class
A1
Service Charge
£13,715 per annum
Lease Type
New Lease
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Lease Term
The property is available by way of a new effectively full repairing and insuring lease for a term to be agreed at a rent of £65,000 per annum exclusive.
Tenure
Leasehold
Use Class
A1
Further Information
Viewing
Strictly by appointment.
Travel
Parking
890
Parking Spaces
890
Contact
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Gary Darrell
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Alan Pearson
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Doug Tweedie
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