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Maple House, 150 Corporation Street, Birmingham. B4 6TB

POA
Creative Retail, Birmingham
SIZE AVAILABLE

5,974-6,555 sq ft

555-609 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • Prominent and busy City Core location
  • High Footfall
  • Attractive corner entrance
  • Dedicated rear loading and basement storage
  • Prominent gateway to City Centre
  • Adjacent to major public transport links
  • Opposite Sainsbury's Local

Description

Location

Maple House enjoys a prominent corner position in Birmingham city Centre at Old Square, fronting Corporation Street and Priory Queensway. The property is ideally located just minutes from Birmingham New Street and Snow Hill stations, and sits in a vibrant and high foot traffic area of the City Core. Its central location provides immediate access to a wide range of retail, dining, and service amenities, with Sainsbury's Local directly adjacent. other nearby occupiers include Boston Tea Party, Waylands Yard and the cities top trading JD Weatherspoon.

Description

Prominent and versatile ground floor retail/leisure space at the heart of Birmingham City Centre. Maple House offers up to 6,555 sq.ft of commercial space in a highly visible and high-footfall area of the city, with large glazed frontage, corner double entrance and dedicated rear loading. Basement storage is present, maximizing the Ground Floor sales area.

Accommodation Text

The property is available either as a self contained ground floor retail unit of 5,425 sq.ft with an additional basement space of 549 sqft, or alternatively, combined with unit 153 to create a larger single space of 6,555 sqft with double frontage.

Tenure Comments

The property is available by way of a new eFRI lease, on terms to be agreed:

UNIT 33 - For the 5,947 sqft (total) unit we are seeking a headline rental of £120,000 per annum, exclusive.

UNIT 33 & 153 (combined) - For a 6,555 sqft (total) unit we are seeking a headline rental of £135,000 per annum, exclusive.

EPC

C - 61. Expires January 2030.

Service Charge Information

The landlord of Maple House operates a service charge scheme in which all units participate. A copy of the service charge budget is available upon request.

Insurance

There is an annual insurance charge levied by the Landlord. Charge to be confirmed.

Planning

The property is currently consented for General Retail Class E) having formally been a C Store.

VAT

VAT is applicable.

Legal Costs

The ingoing tenant will be responsible for their own legal costs.

Brochures

Maple House, 150 Corporation Street, Birmingham. B4 6TB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birmingham Snow Hill Station0.2 miles
  • Birmingham Moor Street Station0.2 miles
  • Birmingham Snow Hill Tram Stop0.3 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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