U40 Grand Central, Birmingham
Birmingham, West Midlands, B2 4BF
The unit is held by way of a lease to expire on 23rd September 2025 at a passing rent of £175,000 pax. The lease is subject to a rent review on the 5th anniversary of the term. Offers are invited for the benefit of the leasehold interest.
The subject property is located adjacent to Costa and close to Nando’s, Love Aroma and Fuel adjacent to the entance to Bullring Link which offers a mix of quality independent retailers.
The John Lewis anchored Grand Central Shopping Centre opened to huge acclaim in September 2015. Grand Central provides over 400,000 sq ft of retail space above the impressive New Street rail terminal. Grand Central provides 67 retail and leisure occupiers including L’Occitane, The White Company, Cath Kidston and Carluccio’s, together with a very popular food court.
- Areassq ftsq m
- Ground Floor Sales1,087100.00
- Remote Storage89383.00
- Total Size1,980183.00
- Rateable Value: £128,000
- UBR: 47.90p/£
- Rates Payable: £61,312
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.
Strictly by appointment.