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3/3A Park Walk Kingfisher Centre, Redditch, B97 4HD

Available subject to Relocation
Available by way of Lease Assignment or Sub Lease
Confidentially Available - Staff Unaware

pdf Redditch 3-3a Park Walk Kingfisher Centre (1.16 MB)

Location

The Kingfisher Shopping Centre provides over 1m sq ft of retail and leisure space and has recently undergone a £4m refurbishment and is home to retailers including M&S, Debenhams, H&M, New Look and Primark. The centre attracts a weekly footfall in excess of 185,000 and provides 2,000 car parking spaces which links directly into the centre. 

Located in a prime position on Park Walk the subject premises are between Next and Sports Direct in close proximity to Costa, JD, M&S and Primark.

Accommodation

The premises are arranged on ground floor only and provide the following approximate floor areas:

Floor sq.m. sq.ft.
Ground Floor Area 649.4 sq.m (6,990 sq.ft)

(All measurements have been calculated in imperial and converted to metric).

Tenure

The property is held by way of an effectively full repairing and insuring lease for a term expiring 28th September 2019 at a passing rent of £145,000 pax.

Terms

The property can be made available by way of a lease assignment or by way of a new coterminous sub-lease, contracted outside of the security of tenure provisions of the Landlord and Tenant Act 1954, Part 2, as amended, at a rent to be agreed.

Service Charge

There is an annual service charge payable which is currently £49,465.

Rates

From verbal enquiries, we understand the premises are assessed for rates as follows:-

Interested parties are advised to make their own enquiries with the Local Authority (Tel: 03000 501 501) or visit www.voa.gov.uk.

Costs

All figures quoted are subject to VAT where applicable.

The ingoing party is to be responsible for their own legal costs incurred in the transaction.

Viewing

Appointments to view should be made strictly by prior appointment through Nick McAllester of this office or alternatively contact our joint agents RSR Properties (Tel: 0203 691 4384).

Nick McAllester:

SUBJECT TO CONTRACT & WITHOUT PREJUDICE

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 6,990
  • Area m sq: 649.4
  • Location: Redditch
Rateable Value (2017) £59,000