Unit 1, Phase II, Birmingham City Centre, Birmingham, West Midlands, B4 7LR
Size
3,170
Lease length
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EPC
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Parking
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- Price per
- Primary use
- High street retail
- Other use(s)
- Restaurant, Traditional office, Shop
- Frontage
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Description
Exchange Square lies within the Birmingham Curzon Street Masterplan, an area benefitting from over £900million of regeneration investment creating 600,000sq.m of employment space, 36,000 (net) jobs, 4,000 new homes and a £1.4bn economic uplift.
The development benefits from a unique location, being opposite the forthcoming HS2 Curzon Street Station, which is set to welcome 300,000 passengers per day by 2033.
The site also lies in close proximity to Birmingham City University Campus, Aston University Campus, Masshouse residential apartments as well as being within a short walking distance of Birmingham Moor Street, New Street Station (Grand Central) and the Bullring Shopping Centre.
Description
Phase I of Exchange Square comprises the Allegro residential block, which is made up of 603 rental apartments with ground floor retail including Co op and Greggs Phase II of Exchange Square is the final phase of Nikal's 350m Masshouse project and will include a 37 storey 375 apartment block, a 235 bed Premier Inn Hotel in a 15 storey building with a 6 000 sq ft Bar Block restaurant plus additional high quality retail commercial space at ground and mezzanine floors, which is available 'To Let' Phase II will sit alongside 'New City Square', a brand new half an acre public space that links Exchange Square with Bruntwood's neighbouring McLaren Building.
Tenure Comments
The accommodation is available by way of new fully repairing and insuring lease on terms to be agreed.
Service Charge Information
UNIT 1 £2,257.31
Planning
The properties benefit from Class E Planning Consent which allows for a wide range of uses.
Legal Costs
Each party will be responsible for covering their own legal costs incurred in the transaction.
- Let type
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- Let contract length
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- Status
- Available
- Service charge
- £2,257
- Business rates
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- Use class
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Unit 1, Phase II, Birmingham City Centre, Birmingham, West Midlands, B4 7LR
About Creative Retail, Birmingham
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.
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Disclaimer - Property reference 367LH. 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.