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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 prominent location on Victoria Arcade adjoining Bon Marche. Other nearby occupiers include Costa, Sony Centre, Bodycare and Poundworld.
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.
£17,379 per annum
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Strictly by appointment.
RENT: On Application
| Rateable Value | £68,000 |
|---|---|
| Rates Payable | £33,796 |
| Ground Floor Sales | 1,543 sq ft (143 sq m) |
|---|---|
| Basement Ancillary | 1,471 sq ft (136 sq m) |
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