Unit 214

Sutton Coldfield, B72 1PA

Unit 214

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