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Prominent Retail Unit, 10/11 Middle Entry Shopping Centre, 15-16 Market Street, Tamworth, B79 7NJ

6,929 Sq Ft / Retail / Shopping Centre unit

To Let - £47,500.00 per annum

Available - Last updated: 19 March 2021

The property comprises a retail unit across ground and first floors at the entrance to Middle Entry Shopping Centre.
 
Internally, the property offers an open plan retail sales area across split levels at ground floor which benefits from an extensive glazed frontage onto Market Street and Middle Entry.
 
The first floor comprises ancillary storage, staff breakout and separate male and female WCs.

Location

Middle Entry Shopping Centre occupies a strong trading location in the heart of Tamworth Town Centre and connects St. Editha's Square with the pedestrianised George Street and Ankerside Shopping Centre.
 
Current retailers within Middle Entry Shopping Centre include Greggs, British Heart Foundation, Farmfoods, Barclays and Betfred.
 
Tamworth Town Centre is located approximately 18 miles from Birmingham City Centre, 8 miles north east of Sutton Coldfield and 8.5 miles east of Lichfield.

Accommodation

The premises comprise the following approximate floor areas and dimensions:
 
Retail Sales - 297.19 sq m/3,199 sq ft
First floor ancillary 346.53 sq m/3,730 sq ft
Net Internal Area – 643.72 sq m/6,929 sq ft
 
Maximum width – 26.35 m / 86’ 5”
Maximum depth – 16.58 m / 54’ 4”
 
OUTSIDE
Rear access to the property provides the opportunity to load and unload.

Terms

LEASE
The retail unit is available by way of a new lease for a term of 5 years or multiples thereof.
 
RENT
£47,500 per annum exclusive
 
SERVICE CHARGE
A Service Charge will be payable by the tenant towards the cost of common area maintenance etc. Further details upon request.
 
BUSINESS RATES
Rateable Value obtained from the Valuation Office
Rating List - £82,000.
 
Rates payable 2020/2021 - £41,984 prior to any transitional arrangements or relief that may be available.
 
Interested parties are advised to make their own enquiries with the local authority (Tamworth).
 
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.
 
VAT
All figures quoted are exclusive of VAT. It is understood that VAT will be applicable in this instance.
 
INSURANCE
Landlord obtains building insurance for the whole building and collects a due proportion of the premium from the tenants. Further details upon request.

Specification

  • Prominent frontage to Market Square at the entrance to Middle Entry Shopping Centre
  • Retail Sales Area – 293.70 sq m / 3,161 sq ft plus ancillary of 341.37 sq m / 3,675 sq ft
  • Situated in the heart of Tamworth Town Centre

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £47,500.00 per annum

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Contact agents

Elliott Brighton

Peer Group Plc

020 3369 1590

Steven Hannaford

Burley Browne

0121 369 1665

David Hemming

Burley Browne

0121 369 1594



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