Wolverhampton is a major commercial centre in the West Midlands with a primary catchment population of 415,000 people. The Mander Centre is the main covered shopping centre in the city centre comprising 485,000 sq ft. The scheme is currently undergoing a £25 million pound redevelopment anchored by a new 95,000 sq ft full line Debenhams opening Autumn 2017 complementing a new 30,000 sq ft H&M. The centre has an average weekly footfall of approximately 350,000 people. Other major retailers located within the centre include New Look, JD, The Entertainer, Superdrug and Footasylum.
The property is situated in a busy trading location on the upper level of The Mander Centre adjoining New Look and other nearby occupiers include The Entertainer, Vision Express, BHS, Shoe Zone, HMV and Boots.
The premises are available by way of a new effective full repairing and insuring lease for a term of 10 years, subject to 5 yearly upward only rent reviews.
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Strictly by appointment.
RENT: On Application
Rateable Value | £90,500 |
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Rates Payable | £43,350 |
Internal Width | 33 sq ft (10 sq m) |
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Shop Depth | 153 sq ft (47 sq m) |
Ground Floor Sales | 5,579 sq ft (518 sq m) |
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