ROADSIDE FRONTAGE

PROMINENT RETAIL WAREHOUSE UNIT TO LET (6,480 SQ FT) UNIT 3 MITRE RETAIL PARK, EAGLE STREET, WV2 2AQ SUMMARY LOCATION The subject property is located on Mitre Retail Park, an established retail park • Prominent, modern retail warehouse unit, available to let. scheme in Wolverhampton. Other occupiers on the park include Carpetright and Go Out Doors. The park enjoys main road prominence to the Bilston Road (A41), a main • Situated within the established Mitre Retail Park. arterial route providing access to the Wolverhampton . The A41 sees in • Main road frontage to Bilston Road (A41), which sees in excess of 22,000 vehicles excess of 22,000 vehicles every day. The park is situated just over a mile from Wolverhampton city centre. per day.

• The tram line passes directly by the property, with the closest stop The scheme is strategically located in close proximity to the busy roundabout junction known as the Bilston Island, which links the A41, A4150 and A454. The A41 approximately 0.3 miles north on Bilston Road. also provides access towards the south east via the A463. • The unit extends to approximately 6,480 sq ft (602.04) and benefits from over 150 shared car parking spaces. Bilston Road Retail Park is situated in close proximity to the property and provides national occupiers such as Dunelm, Bensons for Beds, B&M Home Store and • The property is available on a new lease with terms to be agreed. Smyths Toys Superstore. Also in close proximity are a number of car dealerships including Vauxhall, Renault and Dacia. Located towards the south west of the site is a large number of residential suburbs.

DESCRIPTION The property comprises a modern end of terrace retail unit which has been finished to a high specification. Externally, the property is finished with profile metal cladding and full height glazing fronting Bilston Road. Loading access is provided via a roller shutter door to the side of the property.

The property benefits from a substantial parking / yard area which it shares with units 1 and 2.

ACCOMMODATION

Accommodation SQ FT SQ M

Retail space 5,258 488.53 Ancillary 1,222 113.51

Total 6,480 602.04

Location Plan, Promap

UNIT 3 MITRE RETAIL PARK, EAGLE STREET, WOLVERHAMPTON WV2 2AQ TAKEN WHEN TENANT WAS IN OCCUPATION PLANNING The property is allocated within Policy B4 ‘meeting shopping and service needs’ within Wolverhampton City Council’s Local Development Scheme. The Scheme is being prepared to be part of the new Wolverhampton Local Plan.

We understand the property has consent for wide bulky goods. For further information on planning, we recommend that interested parties contact Wolverhampton City Council on 01902 551155.

TENURE The property is available by way of a new occupational Full Repairing and Insuring Lease for a period of years to be agreed.

LEGAL COSTS Each party is to be responsible for its own legal and professional fees in connection with this transaction.

RATING The unit is assessed for Business Rates purposes as follows: TAKEN WHEN TENANT WAS IN OCCUPATION Description: Warehouse and Premises Rateable Value: £35,000

VAT All figures quoted are exclusive of value added tax, which is to be charged at the prevailing rate.

TERMS Upon application.

EPC The property has an EPC rating of C -53. A copy of the EPC certificate can be made available on request.

UNIT 3 MITRE RETAIL PARK, EAGLE STREET, WOLVERHAMPTON WV2 2AQ SUBJECT PROPERTY Carpetright

Subject Property

GO Outdoors FURTHER INFORMATION For further information and viewings please contact sole agents, Colliers International:-

John Roberts Laurence Edwards 0121 265 7553 020 7487 1870 07795 010 131 07771 820051 [email protected] [email protected] Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. August 2017 Colliers International Property Advisers UK LLP which is a limited liability partnership registered in and with registered number OC385143. Our registered office is at 50 George OS Plan, Promap Street, London W1U 7GA

UNIT 3 MITRE RETAIL PARK, EAGLE STREET, WOLVERHAMPTON WV2 2AQ