7,8,9 Market Place

Guide price

£59,994

7,8,9 Market Place

Market Place, Redditch B98 8AA

Call 01527 584242 PDF Download

Property ID: 37320

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Description

£59,994

7,8,9 Market Place

7, 8 and 9 Market Place

MARKET PLACE , REDDITCH , WORCESTERSHIRE , B98 8AA

Key features

  • Spacious and prominent retail unit
  • 10,143 SQFT
  • Potential for change of use to A3/4
  • Central pedestrianised zone near to kingfisher centre
  • New lease available
  • FREEHOLD NOW AVAILABLE

Location

The property is located in a prominent position on Market Place, near Redditch Public Library, Bar Fever and other nearby properties are occupied for a variety of retail uses, including Fever Public House, Cancer Research Campaign and Paddy Power bookmakers.

Market Place is part of the pedestrianised Town Centre of Redditch with Kingfisher Centre now attracting the major multiple retail representation, and which is anchored by Debenhams Department Store and also includes many other major multiple retailers, including Boots, WH Smiths, B & M and Next.

Description

The property, which was built for Woolworths some 55-60 years ago, is of concrete-framed construction and has a facing brick front elevation. The main roofs to the building are asphalt. The property enjoys rear servicing facilities, shared with the adjoining Kingfisher Centre, with vehicular access to the service yard area at first floor deck level, which enables deliveries to the property via a goods lift to first floor and ground floor. The building comprises:-

(i) Ground floor open-plan sales accommodation, having wide frontage to Market Place.

(ii) A goods lift facility from the rear, direct to and from the service deck.

(iii) First Floor storage.

(iv) The top floor comprises office and staff accommodation, including ladies and gents toilets.

There is an in-situ concrete staircase located to the left-hand side of the main frontage, which links between basement, ground, first and second floors and there are fire escapes at the rear of the property to each floor, with the exception of the basement floor.
The property has its own sprinkler system, and an independent fire alarm system.

Accommodation

The accommodation comprises the following approximate dimensions and floor areas:-

Net frontage 56'6"
Internal width 57'6" maximum
Shop depth 108'6" maximum
Sales area 5500 SQFT net
G/Floor store -
Adjoining lift 108 SQFT net
F/Floor stores 2052 SQFT net
Store adjoining lift 166 SQFT net
Second floor 1801 SQFT net
Basement 516 SQFT

Planning

A1 retail (potential for A3)

Tenure

New Business Lease for term 5, 10 or 15 years or freehold

Rent

£60,000 Per annum

Purchase Price

£595,000

Service charge

7-9 Market Place is within Kingfisher Shopping Centre and enjoys shared use of the rear Service Road and Deck.

Rateable value

£67000

Video Tour

7, 8 and 9 Market Place

MARKET PLACE , REDDITCH , WORCESTERSHIRE , B98 8AA

Key features

  • Spacious and prominent retail unit
  • 10,143 SQFT
  • Potential for change of use to A3/4
  • Central pedestrianised zone near to kingfisher centre
  • New lease available
  • FREEHOLD NOW AVAILABLE

Location

The property is located in a prominent position on Market Place, near Redditch Public Library, Bar Fever and other nearby properties are occupied for a variety of retail uses, including Fever Public House, Cancer Research Campaign and Paddy Power bookmakers.

Market Place is part of the pedestrianised Town Centre of Redditch with Kingfisher Centre now attracting the major multiple retail representation, and which is anchored by Debenhams Department Store and also includes many other major multiple retailers, including Boots, WH Smiths, B & M and Next.

Description

The property, which was built for Woolworths some 55-60 years ago, is of concrete-framed construction and has a facing brick front elevation. The main roofs to the building are asphalt. The property enjoys rear servicing facilities, shared with the adjoining Kingfisher Centre, with vehicular access to the service yard area at first floor deck level, which enables deliveries to the property via a goods lift to first floor and ground floor. The building comprises:-

(i) Ground floor open-plan sales accommodation, having wide frontage to Market Place.

(ii) A goods lift facility from the rear, direct to and from the service deck.

(iii) First Floor storage.

(iv) The top floor comprises office and staff accommodation, including ladies and gents toilets.

There is an in-situ concrete staircase located to the left-hand side of the main frontage, which links between basement, ground, first and second floors and there are fire escapes at the rear of the property to each floor, with the exception of the basement floor.
The property has its own sprinkler system, and an independent fire alarm system.

Accommodation

The accommodation comprises the following approximate dimensions and floor areas:-

Net frontage 56'6"
Internal width 57'6" maximum
Shop depth 108'6" maximum
Sales area 5500 SQFT net
G/Floor store -
Adjoining lift 108 SQFT net
F/Floor stores 2052 SQFT net
Store adjoining lift 166 SQFT net
Second floor 1801 SQFT net
Basement 516 SQFT

Planning

A1 retail (potential for A3)

Tenure

New Business Lease for term 5, 10 or 15 years or freehold

Rent

£60,000 Per annum

Purchase Price

£595,000

Service charge

7-9 Market Place is within Kingfisher Shopping Centre and enjoys shared use of the rear Service Road and Deck.

Rateable value

£67000

Asking rent

£59,994 Per Annum

7,8,9 Market Place

Market Place, Redditch B98 8AA

Property ID: 37320

Call 01527 584242 PDF Download

Share this property