Cushman & Wakefield

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Contacts

  • Doug Tweedie

    • T: 0121 710 5745 (Direct)
    • T: 07920788178 (Mobile)
    • T: 0121 200 2050 (Office)

Unit 38-40 Bakers Lane, Three Spires Shopping Centre

Lichfield, Staffordshire, WS13 6JF

38-40 Bakers Lane, Three Spires Shopping Centre, Lichfield, Lichfield - Picture 2017-02-15-15-06-06

Lease Type

New Lease

Rent

£65,000 pa

Use Class

A1

Lease Term

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.

Description

The property is situated in a prime trading location in the Three Spires Shopping Centre near to the entrance of Debenhams. Other nearby retailers include Costa Coffee, Trespass, Co-op Travel,

Friary Shoes, Francesco Hair and CEX.

Location

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.

Tenure

Leasehold

Accommodation

  • Dimensionsftm
  • Internal Width3410.50
  • Shop Depth6218.90
  • Areassq ftsq m
  • Ground Floor Sales2,021187.00
  • First Floor Ancillary63859.30
  • Total Size2,659246.30

Rates

  • Rateable Value: £81,500
  • UBR: 47.90p/£
  • Rates Payable: £39,039

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

£9,310 per annum

Viewing

Strictly by appointment.