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. The centre is approximately 550,000 sq ft with weekly footfall in excess of 130,000. The centre is anchored by Marks & Spencer, H&M and House of Fraser who have recently undertaken a major refurbishment. Recent lettings in the scheme have included Tiger, Office, Swarovski, Lakeland and Fat Face. The unit is located on The Parade between Boots and Marks & Spencer.
Description
Unit arranged over ground, first and basement floors.
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
Service Charge
£11,569 (2017).
Lease Term
The property is available by way of a new effetively FRI lease for a term to be agreed, subject to 5 yearly upward only rent reviews.
Rent
Rent is exclusive of rates, service charge and VAT.
Rates
Interested parties are advised to contact the local authority to confirm their liabilities and any transitional relief.
Costs
Each party is responsible for their own legal costs incurred in this transaction.
Use Class
A1
Sustainability
Energy Performance Certificate
66
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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