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 South Mall adjacent to Greggs and opposite 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
90
Financial
Rent
Rent is exclusive of rates, service charge and VAT.
Rates
Interested parties are advised to make their own enquiries to the Local Authority to confirm this information.
Service Charge
£7,268 (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.
Use Class
A1
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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