Unit 4 Bakers Lane, Three Spires Shopping Centre
Lichfield, Staffordshire, WS13 6JF
The premises are offered by way of a new 10 year effectively full repairing and insuring lease subject to five yearly upward only rent reviews.
The property is situated in a prime pedestrianised trading location at the entrance to the Three Spires Shopping Centre adjoining O2 and Boots The Optician. Other nearby retailers include The Body Shop, Marks & Spencer Simply Food and Vodafone.
Lichfield is an affluent cathedral city located 15 miles North East of Birmingham and 6 miles North West of Tamworth and benefits from a district population of approximately 93,000. The Three Spires Shopping Centre is the prime trading location in the city centre, anchored by Debenhams, other multiple retailers located in the city include Fat Face, WH Smith, New Look, Marks & Spencer, Caffe Nero, Dorothy Perkins, EE, Holland & Barrett, The Body Shop and Costa Coffee.
- Internal Width247.35
- Shop Depth4814.50
- Areassq ftsq m
- Ground Floor Sales1,210112.00
- First Floor Ancillary1,02895.50
- Second Floor Ancillary1,110103.00
- Total Size3,348310.50
- Rateable Value: £65,500
- UBR: 47.90p/£
- Rates Payable: £31,375
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.
Each party is responsible for their own legal and other professional costs incurred in the transaction.
£34,542 per annum
Strictly by appointment.