Block 1 The Quadrant, Alcester Street, Redditch, B98 8AE

Guide price

£7,700 + VAT

Block 1 The Quadrant, Alcester Street, Redditch, B98 8AE

Grove St, Redditch

Call 01527 584 242 PDF Download

Property ID: 39416

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Description

£7,700 + VAT

Block 1 The Quadrant, Alcester Street, Redditch, B98 8AE

SIGNIFICANT RENT-FREE PERIODS AVAILABLE

ONLY 2 REMAINING

The premises are currently in the process of being completely redeveloped by our Clients to create 5 self contained retail units.

LOCATION

The Property is located within the pedestrianised zone in Redditch Town Centre, opposite the Town Hall and in close proximity to the Kingfisher Shopping Centre. Nearby occupiers include Wetherspoons, Rilys Indian Restaurant and The Palace Theatre. The prominent position of the Property provides an excellent profile for signage and it is conveniently located close to a number of public car parks.

DESCRIPTION

The Property is accessed from Alcester Street, with service access to a Delivery Yard to the rear. The premises have recently been purchased by our Clients who are in the process of reconfiguring the Ground Floor accommodation to create four self-contained Retail Units, ranging from 516 to 4,905 sq ft. Please see indicative plans attached. Unit 1 – 807 sqft (75 sqm) Unit 2 – 801 sqft (74.5 sqm) Unit 3 – 629 sqft (58.5 sqm) Unit 4 – 516 sqft (48 sqm) Unit 5 – 2152 sqft (200 sqm) Floor areas are approximate and to be confirmed. Water and drainage will be installed to each unit plus communal WC accommodation will be available. Outside area for external seating are available.

RATEABLE VALUE

Not yet assessed.

TENURE

New Business Leases for a term of 5 or more years.

SIGNIFICANT RENT-FREE PERIODS AVAILABLE

ONLY 2 REMAINING

The premises are currently in the process of being completely redeveloped by our Clients to create 5 self contained retail units.

LOCATION

The Property is located within the pedestrianised zone in Redditch Town Centre, opposite the Town Hall and in close proximity to the Kingfisher Shopping Centre. Nearby occupiers include Wetherspoons, Rilys Indian Restaurant and The Palace Theatre. The prominent position of the Property provides an excellent profile for signage and it is conveniently located close to a number of public car parks.

DESCRIPTION

The Property is accessed from Alcester Street, with service access to a Delivery Yard to the rear. The premises have recently been purchased by our Clients who are in the process of reconfiguring the Ground Floor accommodation to create four self-contained Retail Units, ranging from 516 to 4,905 sq ft. Please see indicative plans attached. Unit 1 – 807 sqft (75 sqm) Unit 2 – 801 sqft (74.5 sqm) Unit 3 – 629 sqft (58.5 sqm) Unit 4 – 516 sqft (48 sqm) Unit 5 – 2152 sqft (200 sqm) Floor areas are approximate and to be confirmed. Water and drainage will be installed to each unit plus communal WC accommodation will be available. Outside area for external seating are available.

RATEABLE VALUE

Not yet assessed.

TENURE

New Business Leases for a term of 5 or more years.

Asking rent

£7,700 Per Annum

+ VAT

Block 1 The Quadrant, Alcester Street, Redditch, B98 8AE

Grove St, Redditch

Property ID: 39416

Call 01527 584 242 PDF Download

Share this property