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39 Floodgate Street, Digbeth, Birmingham, West Midlands

From
£3,750 pcm
£45,000 pa

£195.65 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

230-3,251 sq ft

21-302 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • There is an annual estate charge of £1,500 excl. VAT.

Description

Location

Digbeth is just a short walk from the Bullring and Birmingham New Street Station and Birmingham's imminent HS2 station at Curzon Street.
The Custard Factory is a 15-acre mixed use estate with creative and digital business, independent shops, cafes and bars, on the site of what was the Bird's Custard factory.
Operators within this estate include - Roxy Ballroom, Mission Mars, The Mockingbird Cinema, Baked in Brick, Han Bao, and NQ 64.

Description

This ground floor property, which has been newly refurbished, benefits from frontage onto Floodgate Street together with an adjacent outside area for customers. The unit can be combined with the next door property.

Tenure Comments

The accommodation is available by way of new fully repairing and insuring lease on terms to be agreed.

EPC

A copy of the EPC is available upon request.

Insurance

To year end 31st March 2024 the current premium is £5,955 PA excl. VAT.

Legal Costs

The ingoing tenant will be responsible for their own legal costs.

Bullets Points 1

There is an annual estate charge of £1,500 excl. VAT.

39 Floodgate Street, Digbeth, Birmingham, West Midlands

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bordesley Station0.4 miles
  • Birmingham Moor Street Station0.5 miles
  • Birmingham New Street Station0.7 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

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