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Unit 5 Astle Retail Park, West Bromwich, West Midlands, B70 8NS

POA
Creative Retail, Birmingham
SIZE AVAILABLE

7,630 sq ft

709 sq m

SECTOR

Out-of-town retail property to lease

Lease details

Lease available date:
Ask agent
Floor Plan
1

Key features

  • Popular In-Town Retail Park
  • 300 Car Parking Spaces
  • Adjacencies include B&M, Pure Gym, Pavers and M&S
  • Just off West Bromwich High Street, 5 minutes from Junction 1 M5

Description

Popular In-Town Retail Park

300 Car Parking Spaces

Adjacencies include B&M, Pure Gym, Pavers and M&S

Just off West Bromwich High Street, 5 minutes from Junction 1 M5

Location

West Bromwich forms part of the borough of Sandwell. The town is located 6.4 miles north-west of Birmingham with a population of 77,997.


Description

Astle Retail Park is located adjacent to West Bromwich town centre, just off the High Street, with vehicular access from Cronehills Linkway and a direct pedestrianised link to High Street. The park is anchored by M&S and B&M.

Accommodation Text

Ground Floor: 7,630 sq ft (709 sq m)

EPC

A copy of the EPC is available upon request.

Service Charge Information

There is an annual service charge of £20,864 + VAT (current year).

Insurance

There is an annual insurance charge of £2,690 +VAT (current year).

Planning

We understand that the property has consent for Use Class E. It is the ingoing tenant's responsibility to ensure that their proposed use is acceptable to the Local Planning Authority.

VAT

VAT is applicable.

Legal Costs

Each party will be responsible for covering their own legal costs incurred in the transaction.

Security

It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant.  

Viewings

Strictly by appointment with the Joint Retained Agents Creative Retail or Harvey Spack Field on .

Brochures

Unit 5 Astle Retail Park, West Bromwich, West Midlands, B70 8NS

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lodge Road, West Bromwich Town Hall Tram Stop0.2 miles
  • West Bromwich Central Tram Stop0.2 miles
  • Dartmouth Street Tram Stop0.4 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 249LH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Creative Retail, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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