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Queens Gate, Suffolk Street Queensway, Birmingham, B1 1LX

From
£3,333 pcm
£40,000 pa

£10.13 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

3,948-6,961 sq ft

367-647 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • Ground Floor GIA - 3,948 sq ft
  • Prominently situated with extensive glazed frontages
  • Next to the exclusive Mailbox
  • Strong passing vehicular traffic
  • Landlord will create smaller units
  • Low asking rent of £10 per sq ft
  • Landlord can create smaller units

Description

Location

The premises are prominently situated at the junction of Suffolk Street Queensway and Severn Street, lie next to the Mailbox and are situated close to Birmingham city centre. The premises are conveniently located a short walk from New Street Station, the Bullring Shopping Centre, Brindley Place and Birmingham's financial district at Colmore Row.

Description

The premises currently comprise of a large retail unit that can be divided into two smaller units and benefit from new shopfronts. The premises are currently in shell specification however our client may carry out additional subject to the terms being agreed.

Tenure Comments

The accommodation is available by way of a new fully repairing and insuring lease on terms to be agreed. Proposals for smaller units will be considered.

EPC

The premises benefit from an EPC rating of D(91). The Energy Performance Certificate is available on request.

Service Charge Information

Tenants will be required to contribute to a service charge for the maintenance and cleaning of the common parts.

Planning

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

VAT

We understand that VAT is payable on the rent.

Legal Costs

Each party to be responsible for their own legal costs incurred.

Security

It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant, together with credit/company checks as appropriate.

Brochures

Queens Gate, Suffolk Street Queensway, Birmingham, B1 1LX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birmingham New Street Station0.2 miles
  • Birmingham Moor Street Station0.5 miles
  • Birmingham Snow Hill Station0.5 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

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Disclaimer - Property reference 409LH. 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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