LOCATION

The Lower Precinct Shopping Centre is the dominant shopping centre in central Coventry and totals over 200,000 sq ft of retail space.  The centre benefits from an annual footfall of c. 10 million people.

The subject property is located on the Lower Ground Mall, adjacent to F Hinds and in close proximity to New Look and TJ Hughes.  Other surrounding retailers include H&M, Pandora, SCHUH, Next, Clarks and LUSH.

The centre is serviced by its own car park, offering 500 + spaces with a new Family Zone being developed on the lower ground central mall area.

TERMS

The property is available by way of a new lease for a term to be agreed on an effectively full repairing and insuring bases.

RENT

£49,000 pa

RATES

Rateable Value      £38,750

Interested parties are advised to make their own enquiries with the Local Authority.

SERVICE CHARGE

The annual service charge is £14,931.66 for the current year.

EPC

A new EPC rating has been commissioned and is available upon request.