Overview
- Retail
Description
Location
Location
The premises are situated within City Arcade Shopping Centre, providing an important link to the city's main retail and business throughfare of Bore Street and Market Street. City Arcade provides a vibrant mix of retailers including The Bullseye Bar, Patty Freaks, Toluca Mexican Bar & Grill together with Andrew Booths Estate Agents, Connells and Dixons.
Description
Double fronted retail unit situated within a modern shopping parade, providing ground floor sales area, ancillary storage, basement, kitchenette and WC. The premises is suitable for a variety of uses including retail, professional services, coffee shop or high end bar / restaurant.
Terms
The premises are available by way of 5 year lease of multiples thereof on an internal repairing and insuring basis, plus service charge.
Rent
£ 22,500per annum exclusive
Service Charge Comments
A Service Charge is payable towards the costs of maintenance and cleaning of internal common areas, waste removal and building insurance, etc. Further details are available upon request.
EPC
Energy Performance Rating C-68. Certificate available on request.
Rates Comments
Rateable Value £14,250
Businesses may benefit from small business rate relief in 2025/2026 on this property.
Interested parties are advised to make their own enquiries with the Local Authority (Lichfield) for verification purposes.
Money Laundering
In accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant.
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.
VAT
All figures quoted are exclusive of VAT which will be payable
Repair
Internal Repairing and Insuring subject to a Service Charge.
Summary
Key points
- Lichfield is a thriving cathedral city
- Popular covered parade
- Substantial glazed frontage
- Popular and busy shopping centre
Contact
Burley Browne Limited
Tel: 0121 362 1530
David Hemming
david.hemming@burleybrowne.co.uk
www.burleybrowne.co.uk
EPC
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