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1 Cleveland Street, Wolverhampton, WV1 3HR

POA
Creative Retail, Birmingham
SIZE AVAILABLE

1,400-5,600 sq ft

130-520 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • New Retail Units Within Wolverhampton City Centre
  • Prominent corner location
  • Lies close to Sainsburys supermarket and Wulfrun Shopping Centre
  • New retail unit(s).
  • White Boxed condition
  • Units available from 1,400 sq ft to 5,600 sq ft
  • Low base rent of £12.50 psf
  • Incentives available

Description

Location

The premises are prominently situated at the busy junction of Cleveland Sr & Victoria St and lie a short walk from Sainsburys and the Wulfrun Shopping Centre, where numerous national operators are represented including Primark, Iceland and Specsavers.

Description

The premises comprise of a large open planned retail space that can easily be subdivided into smaller units subject to terms being agreed. The development benefits from a service yard to the rear.

Tenure Comments

The premises are available to let by way of a new fully repairing and insuring leases, terms to be agreed.

EPC

The premises have yet to be assess for energy performance purposes.

Service Charge Information

All tenants will be required to contribute to an ad hoc service charge for the maintenance of the structure.

VAT

We understand that VAT is payable on the rent.

Legal Costs

Each party is to be responsible for their own legal costs incurred in this transaction.

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

1 Cleveland Street, Wolverhampton, WV1 3HR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverhampton St George's Tram Stop0.2 miles
  • Wolverhampton Station0.5 miles
  • The Royal Tram Stop0.5 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 423LH. 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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