Unit 114

Sutton Coldfield, B72 1PA

Unit 114

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