Cushman & Wakefield

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Contacts

  • Adam Lazenbury

    • T: 0207 152 5007 (Office)

Unit 52-54, Dale End, Martineau Galleries

Birmingham, West Midlands, B4 7LJ

52-54 Dale End, Martineau Galleries, Birmingham - Picture 2017-02-15-11-45-32

Size

42,630 sq ft, (3,960 sq m)

Lease Type

New Lease

Rent

On Application

Use Class

A1

Lease Term

Rental units are available on flexible terms. The lease will be contracted out of the Security of Tenure provisions of the Landlord & Tenant Act 1954 (Part II).

Description

Dale End forms part of The Square Shopping Centre and is situated in the heart of Birmingham City access via High Street and Bull Street. Comprising a parade of mainly local shops with a variety of A1, A2 and A3 uses. This building sits opposite the new Ikea opening late August 2016. The property was formerly used as the O2 Academy offering large city centre space which is suitable for a variety of use subject to planning.

Location

Birmingham is the UK’s second city with a shopping catchment of approximately 7.2 million people within a 1 hour drive. The main retailing area in the city centre evolves around the Bullring shopping centre together with High Street and New Street.

Tenure

Leasehold

Accommodation

Other major tenants – Next Clearance, Perfect Home, Shoe Zone, British Heart Foundation, Oasis, Bannatyne Gym, National Car Parks Restaurants – McDonald’s, Subway, Greggs

  • Areassq ftsq m
  • Ground Floor 11,8161,097.00
  • Stage1,04897.40
  • Storage2,471229.00
  • First Floor12,1671,130.00
  • Second Floor1,632151.00
  • Total Size29,1342,704.40

Rates

  • Rateable Value: £157,000
  • UBR: 49.70p/£
  • Rates Payable: £78,030

We are verbally informed that the premises are assessed as above. We would recommend that interested parties make their own enquiries via the Local Rating Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

Service Charge - £40,710 per annum

Viewing

Strictly by appointment.