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The Quadrant, 15 Alcester St B98 8AE

£4,583 pcm
£55,000 pa

£7.28 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

7,554 sq ft

702 sq m

SECTOR

Retail property shopping centre to lease

Lease details

Lease available date:
Ask agent

Key features

  • *SUBJECT TO VACANT POSSESSION*

Description

Location

Redditch is a town situated in north-east Worcestershire, approximately 15.0 miles south of Birmingham, 33.0 miles west of Coventry and 27.0 miles north of Worcester.
The property occupies a prominent position upon Alcester Street. Alcester Street is a pedestrianised local street and shopping area of Redditch town centre. The surrounding area is predominantly commercial with nearby occupiers including NatWest, Paddy Power, Caffe Nero, and Boots.

Description

The property comprises a single storey, mid terraced building under a mansard roof. A wrap-around pergola at first floor shelters an external seating area below.
The property comprises a large open plan trading area with services, ventilation making it well suited for use as a bar / restaurant.

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.

Legal Costs

Each party to be responsible for their own legal costs.

Brochures

The Quadrant, 15 Alcester St B98 8AE

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redditch Station0.3 miles
  • Alvechurch Station3.0 miles
  • Barnt Green Station4.4 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.

Disclaimer - Property reference 21LH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Creative Retail, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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