Demographics
Demographics
Sutton Coldfield has a total resident population of 294,500 within a 20 minute contour. The centre is approx 553,000 sq ft and benefits from footfall in excess of 150,000 per week. 50% of primary segment residents are ACORN Wealthy Achievers, 97% above UK average.
Annual Footfall
7.0 m
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 within the South Mall close to Greggs, Co-op Travel, Phones 4 U and Argos.
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, Topshop, BHS, Marks & Spencer, New Look
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
£6,570 per annum
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
Lease Type
New Lease
Tenure
Leasehold
Use Class
A1
Further Information
Viewing
Strictly by appointment.
Travel
Parking
970
Parking Spaces
970
Contact
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Adam Lazenbury
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Ben Oliver
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Will Thomas
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