Commercial Property: 8-10 Gresley Row in Lichfield

Price Upon Application 8-10 Gresley Row
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Lichfield 8-10 Gresley Row Price Upon Application
Added 2 / 2 / 2024

Location

Lichfield is an affluent Cathedral City located 15 miles north east of Birmingham and 6 miles north west of Tamworth, and benefits from a district population of approximately 93,000.

The Three Spires Shopping Centre is the prime trading location within the City Centre. Retail occupiers include Mountain Warehouse, Costa, The Entertainer, Tesco Express, KFC, Energie Fitness, Sea Salt and Holland & Barrett.

Accomodation

The premises isarranged over ground and first floor floor only, comprising the following approximate net internal floor area:

  • Ground Floor:
    435.8 sq m 4691 sq ft
  • First Floor:
    173.1 sq m 1864 sq ft

Lease

The premises is available by way of a new effectively full repairing and insuring lease for a term by agreement, subject to upward only rent reviews every fifth year.

Rates

We have been verbally advised that the premises is assessed as follows:

  • Rateable Value:
    £62,500
  • UBR (2023/24):
    0.512
  • Rates Payable:
    £32,000

EPC

The property is currently rated within band ‘B’. A copy of the EPC is available upon request.

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