McMullen Wilson

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Unit 24, The Fort Shopping Park

Birmingham B24 9FP

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To Let

  • Unit 24, The Fort Shopping Park, Birmingham - Picture 2017-03-30-14-25-42

Size

51,536 sq ft (4,788.00 sq m)

Rent

£942,430 pa

Retailer Disposal

Address

Fort Parkway, , Birmingham,
B24 9FP, Midlands, England

Location

The shopping park is located in a highly prominent position along the A47 approximately 4.5 miles north east of Birmingham City Centre. This location provides the scheme with excellent visibility to a consistent flow of traffic passing between Junctions 5 and 6 of the M6, as well as providing proximity to a number of densely populated suburban towns.

Description

The unit occupies a busy anchor position adjacent to River Island, a new c.50,000 sq ft Next, Debenhams, Schuh and Moss. Other major retailers include Primark (open February 2016), Arcadia, Boots, New Look, H&M and Foot Asylum.

Use Class

A1 Open – including food

Availability

To Let

Rates

We are informed by the Local Rating Authority that the current Rateable Value of the premises is £1,040,000 and the Rates Payable are £512,720. The UBR for 2015/2016 is 49.3p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

Rent Review

2018/06

Accommodation

The store provides the following approximate floor areas:

  • Areassq ftsq m
  • Ground Floor28,9182,687.00
  • First Floor22,6182,101.00
  • Total Size51,5364,788.00

Tenure

Leasehold

Lease Type

Existing Lease

Lease Term

The unit is available by way of an assignment or sublease of the existing lease expiring 3rd June 2033 at an annual rent of £942,430 pa. The next rent review is on 4th June 2018. There is a tenant only option to break on 4th June 2023.

Terms available on request.

Viewing

Viewings can only be carried out by contacting the agents.

For further information please contact