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UNDER OFFER

Unit 2, City Plaza, 47 Cannon Street, Birmingham City Centre, Birmingham, West Midlands, B2 5EF

POA
Creative Retail, Birmingham
SIZE AVAILABLE

3,170-14,613 sq ft

295-1,358 sq m

SECTOR

Restaurant to lease

Lease details

Lease available date:
Ask agent

Description

Location

The premises are located in a central location on the picturesque Cannon Street. The site is perfectly positioned between New Street, the city's prime high street retailing location, and the Central Business District, which has established itself as the city's focal point for food and beverage destination.

Neighbouring occupiers on Cannon Street include; Toni&Guy, Slater's menswear, CharlesTyrwhitt, Bravissimo and White Stuff. Bar & restaurant occupiers on Colmore Row and Temple Street include the likes of; Pasture, The Alchemist, Gusto, The Ivy, San Carlo, Fumo, Head of Steam, The Cocktail Club, Revolucion De Cuba and The Botanist.

Description

This is a unique opportunity to lease approximately 15,000 sq.ft (1,400m) in the city centre core. The space is open plan with a significant frontage to Cannon Street and good floor to ceiling heights (approx. 4m slab to slab).

The occupier of the site also benefits from additional prominence onto Corporation Street in the form of a Carnaby Street style arched sign.

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.

Service Charge Information

The service charge is currently running at £2.50 psf/ £37,000 per annum but will be reviewed annually.

Planning

We understand the unit benefits from E Class planning use. Interested parties are advised to make their own enquiries.

VAT

VAT is applicable.

Legal Costs

Each party will be responsible for covering their own legal costs incurred in the transaction.

Brochures

Unit 2, City Plaza, 47 Cannon Street, Birmingham City Centre, Birmingham, West Midlands, B2 5EF

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birmingham New Street Station0.2 miles
  • Birmingham Snow Hill Station0.2 miles
  • Birmingham Moor Street Station0.3 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 148LH. 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.

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