The available space comprises first floor retail accommodation. The premises are available by way of an assignment of the existing lease for a term until 23rd June 2024. Rental Upon Application. Alternatively the premises may be available by way of a new sublease on terms to be agreed, with rental incentives available.
PRIME LEASING OPPORTUNITY
AVAILABLE ON ASSIGNMENT
U72 MERRY HILL SHOPPING CENTRE
On the instructions of
Intu Merry Hill is a Top 20 Super Regional Shopping Centre
with more than 230 shops and restaurants and an annual
footfall of approximately 21.5M.
There is a catchment of approximately 3.3M with a total
spend of £6.9BN.
We have made enquiries via the Valuation Office Website
which confirms the Rateable Value for the premises is as
The subject premises location is about to be greatly
improved with the opening in 2018 of a new 66,000 sq ft
NEXT store as illustrated on the goad plan overleaf.
Other national multiple retailers in the near vicinity already
include Debenhams, New Look, Sports Direct, Superdrug,
and The Entertainer.
We suggest that all interested parties should verify the above
information with the Local Authority, as transitional relief may
be applied to Rates Payable.
The premises comprise a well-proportioned retail unit with
WC facilities. The unit provides approximate dimensions and
floor areas as follows:-
The Energy Performance Asset Rating of the premises
currently falls within category C (75).
Ground Floor Sales
1,665 sq ft
A copy of the Energy Performance Certification can be made
available upon request.
The unit in capable of being subdivided to accommodate
varying spatial requirements. Further information available
The property has Planning Consent for A1 Retail use.
Each party to be responsible for the payment of their own
The premises are available by way of an assignment of the
existing lease for a term until 23rd June 2024.
Alternatively the premises may be available by way of a new
sublease on terms to be agreed, with rental incentives
Strictly by appointment with the Sole Agents:-
Ref: Andrew Benson
Tel: 0121 410 5546
There is a service charge levied on the property which for the
year ended 2017 equated to £19,134 per annum.
ALL TRANSACTION ARE STATED EXCLUSIVE OF VAT
SUBJECT TO CONTRACT
There is also an insurance premium payable of £391 per
Date: November 2017
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