Unit 15-17 Central Square Shopping Centre

Overview

ID: #1741
Price: £ 30,000 pax
Type: A1
Contract: Leasehold
Location: Erdington
Area: 407m2

Location

Erdington is a busy, densely populated suburb and forms one of the primary shopping suburbs within Birmingham, being located approximately 3 miles to the northeast of the City Centre. Central Square is situated within the prime retail pitch, with retailers trading in the immediate vicinity including New Look, Specsavers, Holland & Barrett, Iceland, Greggs and Thorntons amongst others.

The scheme benefits from car parking at the rear and an additional provision, the centre’s rooftop car park. The subject unit is located next to Iceland with other nearby retailers including Timpsons, Greggsand Specsavers.


Accommodation

The property comprises a ground floor retail unit with basement ancillary accommodation, with the following approximate floor areas:

Ground Floor: 2,569 sq ft (238.66 sq m)

Basement Ancillary: 1,820 sq ft (169.07 sq m)


Terms

The premises are available by way of a new lease for a term to be agreed.  Alternatively the unit can be made available on a short term licence.


Service Charge

£10,742 per annum, subject to variation.


Rates

We understand that the premises are assessed for rating purposes as follows, although interested parties are advised to make their own enquiries with the local authority to confirm rates payable and whether any transitional relief applies.

Rateable Value: £12,500

Rates Payable: £5,987


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