Gracechurch Centre, Sutton Coldfield

Shopping Centre - Available

Gracechurch Centre, Sutton Coldfield

Size

550,000 sq ft (51,115.24 sq 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.

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.

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 of 7.0m

Ownership

M&G Real Estate

Parking

970

Anchor Tenants

House of Fraser, Topshop, BHS, Marks & Spencer, New Look

Number of Retail Units

90

Contact Us

Contact one of the team at KLM Real Estate

Call us on +44 (0)20 7317 3700

Unit 214, South Mall, Sutton Coldfield

Unit 214, South Mall, Sutton Coldfield

Location

Sutton Coldfield is an affluent town located 8 miles to the North East of central Birmingham. Sutton Coldfield has a total resident population of 294,500 (Source: CACI) within a 20 minute contour. The centre is approx 553,000 sq ft and benefits from footfall in excess of 150,000 per week.

The centre is anchored by Marks & Spencer, House of Fraser, BHS and Boots and benefits from a 970 space car park which links directly into the main mall.

The unit is located in the open section of the scheme, opposite Argos. Retailers in proximity include Teds Potatoes, Greggs, Game and Grapetree.

Size

858 sq ft (79.74 sq m)

Rent

£45000 pa

Rates
Rateable Value £40000
Rates Payable Each party is to be responsible for their own legal costs incurred in the transaction. £19720

Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Energy Performance Certificate

101

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.

Lease Type

New Lease

Service Charge

£6,570 (2014).