Unit 60, The Parade

Sutton Coldfield, B72 1PA

Unit 60, The Parade

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 Birmingham. The centre is approximately 550,000 sq ft with weekly footfall in excess of 130,000. The centre is anchored by Marks & Spencer, House of Fraser and H&M. Recent lettings in the scheme have included Tiger, Office, Swarovski, Lakeland and Fat Face.  The unit is in a prominent position facing onto The Parade adjacent to Beaverbrooks and opposite Waterstones.

Key Points

Prime A1 Shop to Let

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

Rates

Interested parties are advised to make their own enquiries via the Local Authority to confirm this information.

Service Charge

£12,647 (2016).

Lease Term

The premises are available by way of a new effectively FRI lease for a term to be agreed, subject to 5 yearly upward only rent reviews.

Costs

Each party is responsible for their own legal costs incurred in this transaction.

Rent

Rent is exclusive of rates, service charge and VAT.

Use Class

A1

Travel

Parking

890

Parking Spaces

890

Contact