£55,000 pa
(£47.95/sq. ft. pa)
Retail premises to letUnit 20, Longbridge Town Centre, Birmingham B31
1,147 sq. ft
Leasehold
About this property
Estimated Rates Payable: £7485
Location
Longbridge is one of the largest and most significant regeneration schemes in the UK. It is a £1 billion initiative to breathe new life into one of Britain's most famous industrial areas. Longbridge is situated on one of the main arterial routes into the centre of Birmingham and located 10 miles southwest of Birmingham City Centre. The new town centre comprises an 85,000 sq ft Sainsburys, 75-bedroom Premier Inn plus an additional 80,000 sq ft of retail and leisure space.
A 150,000 sq ft Marks & Spencer anchors the development with an additional retail terrace comprising 45,000 sqft occupied by 6 multiple operators.
Description
The property is situated immediately adjacent to Costa Coffee and kfc, with other notable occupiers including Greggs, Subway and ap Morgan on the High Street and Hotel Chocolate, Boots and Smyths Toys situated on the retail park.
Tenure Comments
The premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed.
EPC
A copy of the EPC is available upon request.
Service Charge Information
There is an annual service charge of £3,200 plus VAT.
Planning
The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020.
Interested parties should carry out their own due diligence in this regard.
VAT
VAT if applicable will be charged at the standard rate.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Longbridge is one of the largest and most significant regeneration schemes in the UK. It is a £1 billion initiative to breathe new life into one of Britain's most famous industrial areas. Longbridge is situated on one of the main arterial routes into the centre of Birmingham and located 10 miles southwest of Birmingham City Centre. The new town centre comprises an 85,000 sq ft Sainsburys, 75-bedroom Premier Inn plus an additional 80,000 sq ft of retail and leisure space.
A 150,000 sq ft Marks & Spencer anchors the development with an additional retail terrace comprising 45,000 sqft occupied by 6 multiple operators.
Description
The property is situated immediately adjacent to Costa Coffee and kfc, with other notable occupiers including Greggs, Subway and ap Morgan on the High Street and Hotel Chocolate, Boots and Smyths Toys situated on the retail park.
Tenure Comments
The premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed.
EPC
A copy of the EPC is available upon request.
Service Charge Information
There is an annual service charge of £3,200 plus VAT.
Planning
The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020.
Interested parties should carry out their own due diligence in this regard.
VAT
VAT if applicable will be charged at the standard rate.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
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