Unit 20, Longbridge Town Centre, Birmingham, B31 2UQ
Size
1,147
Lease length
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EPC
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Parking
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- Price per
- Primary use
- High street retail
- Frontage
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No floor / site plan
Description
Longbridge is one of the largest and most significant regeneration schemes in the UK. It is a £1 billion initiative to breathe new life into one of Britain's most famous industrial areas. Longbridge is situated on one of the main arterial routes into the centre of Birmingham and located 10 miles southwest of Birmingham City Centre. The new town centre comprises an 85,000 sq ft Sainsburys, 75-bedroom Premier Inn plus an additional 80,000 sq ft of retail and leisure space.
A 150,000 sq ft Marks & Spencer anchors the development with an additional retail terrace comprising 45,000 sqft occupied by 6 multiple operators.
Description
The property is situated immediately adjacent to Costa Coffee and KFC, with other notable occupiers including Greggs, Subway and AP Morgan on the High Street and Hotel Chocolate, Boots and Smyths Toys situated on the retail park.
Tenure Comments
The premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed.
EPC
A copy of the EPC is available upon request.
Service Charge Information
There is an annual service charge of £3,200 plus VAT.
Planning
The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020.
Interested parties should carry out their own due diligence in this regard.
VAT
VAT if applicable will be charged at the standard rate.
Legal Costs
Each party is to be responsible for 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
- £3,200
- 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 20, Longbridge Town Centre, Birmingham, B31 2UQ
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 459LH. 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.