Unit 35, 6-8 Greenwood Square, Chelmsley Wood, Birmingham, West Midlands, B37 5TL
Size
2,032 - 3,038
Lease length
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EPC
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Parking
686
- Price per
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- Primary use
- High street retail
- Other use(s)
- Shopping centre
- Frontage
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Key features
- PRIME SHOP TO LET
- Brand New NHS Diagnostics Hub & UCB Culinery School
- New lettings to B&M, Acorns, Jennings Bet, Merkur Slots and many more !
- Annual Footfall in excess of 9m
Description
Brand New NHS Diagnostics Hub & UCB Culinery School
New lettings to B&M, Acorns, Jennings Bet, Merkur Slots and many more !
Annual Footfall in excess of 9m
Location
Chelmsley Wood is approximately 8 miles to the east of Birmingham and 5 miles to the north of Solihull. It benefits from excellent links to the national road network, located approximately 0.5 miles west of the intersection between the M42 and the M6. In addition, the area is currently undergoing the biggest redevelopment project in its history and is earmarked as a key transport hub for High-Speed Rail 2 and the tram link between Birmingham City Centre and the International Airport.
Description
Chelmsley Wood Shopping Centre is the dominant convenience and community shopping centre in the heart of the town. The centre benefits from an annual footfall of over 8m people and is anchored by a 75,000 sq.ft ASDA supermarket. Chelmsley Wood Shopping Centre benefits from a total of 686 free parking spaces. Recently opened new £15m NHS Diagnostic Centre & new UCB Culinary School. Other national retailers include B&M, Iceland, Home Bargains, New Look, Sports Direct, Poundland, Boots, F Hinds and many more.
Accommodation Text
The premises comprises of the following approximate floor area;
Ground Floor: 2,032 sq ft (188.78 sq m)
First Floor: 1,351 sq ft (125.51 sq m)
Tenure Comments
The accommodation is available by way of new effectively full repairing and insuring lease on terms to be agreed.
EPC
D 77. A copy of the EPC is available upon request.
Service Charge Information
There is an annual variable service charge of £16,183.19 + VAT.
Insurance
There is an annual variable insurance recharge of £1,406 + VAT.
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.
Security
It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant. Â
Viewings
Strictly by appointment with Creative Retail or our joint agent M&P
- Let type
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- Let contract length
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- Status
- Available
- Service charge
- £16,183
- 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.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
Unit 35, 6-8 Greenwood Square, Chelmsley Wood, Birmingham, West Midlands, B37 5TL
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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