Cushman & Wakefield

S - Skip to Page Content

Search all schemes

Contacts

  • Adam Lazenbury

    • T: 0207 152 5007 (Office)

Unit 16 The Gallery, Mander Centre, Wolverhampton, Mander Shopping Centre

Wolverhampton, West Midlands, WV1 3NH

16 The Gallery, Mander Centre, Wolverhampton, Mander Shopping Centre, Wolverhampton - Picture 2017-02-15-15-46-08

Lease Type

New Lease

Rent

RENT: On Application

Use Class

A1

Lease Term

The premises are available by way of a new effective full repairing and insuring lease for a term of 10 years, subject to 5 yearly upward only rent reviews.

Description

The property is situated in a busy trading location on the upper level of The Mander Centre adjoining New Look and other nearby occupiers include The Entertainer, Vision Express, BHS, Shoe Zone, HMV and Boots.

Location

Wolverhampton is a major commercial centre in the West Midlands with a primary catchment population of 415,000 people. The Mander Centre is the main covered shopping centre in the city centre comprising 485,000 sq ft. The scheme is currently undergoing a £25 million pound redevelopment anchored by a new 95,000 sq ft full line Debenhams opening Autumn 2017 complementing a new 30,000 sq ft H&M. The centre has an average weekly footfall of approximately 350,000 people. Other major retailers located within the centre include New Look, JD, The Entertainer, Superdrug and Footasylum.

Tenure

Leasehold

Accommodation

  • Dimensionsftm
  • Internal Width339.94
  • Shop Depth15346.70
  • Areassq ftsq m
  • Ground Floor Sales5,579518.00
  • Total Size5,579518.00

Rates

  • Rateable Value: £90,500
  • UBR: 47.90p/£
  • Rates Payable: £43,350

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.

Viewing

Strictly by appointment.