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Unit 7A, Penkridge Retail Park, Wolverhampton Road, Penkridge, Stafford, Staffordshire, ST19 5NS

£2,083 pcm
£25,000 pa

£24.90 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

1,004 sq ft

93 sq m

SECTOR

Retail property shopping centre to lease

Lease details

Lease available date:
Ask agent

Description

Location

Penkridge is a popular market town situated close to Wolverhampton and Stafford with mainline rail links, making this a popular residential area. Situated off the A449 which runs through the heart of Penkridge town. The M6 and M54 are accessed within a few miles of the centre. Adjacent, Persimmon Homes have plans for a development of 330 homes.

Occupiers in the convenience retail parade include; Subway, Greggs, Co-Op and Costa Coffee.

Description

The property is situated in a busy trading location within the Boscomoor convenience retail parade.

EPC

Further information available upon request.

Service Charge Information

This unit participates in a service charge £2,646 per annum. The Landlord will insure the premises the premiums to be recovered from the tenant.

Insurance

Insurance £350 per annum. The Landlord will insure the premises the premiums to be recovered from the tenant.

Planning

It is the ingoing tenant's responsibility to verify that their intended use is acceptable to the Local Planning Authority

VAT

All figures are quoted inclusive of VAT.

Legal Costs

Each party is responsible for their own legal costs in connection with the granting of a lease.

Brochures

Unit 7A, Penkridge Retail Park, Wolverhampton Road, Penkridge, Stafford, Staffordshire, ST19 5NS

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Penkridge Station0.5 miles
  • Cannock Station4.6 miles
  • Hednesford Station4.9 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

These notes are private, only you can see them.

Disclaimer - Property reference 580LH. 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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