Retail

Great Western Arcade

Location:
Birmingham, West Midlands
Size:
32,000 sqft / 2,972 sqm
GM Role:
Asset Manager
Leasing Agents:
BWD
Key Facts:

Great Western Arcade is located in the heart of the Birmingham Colmore business district which is home to over 500 companies including Bank of England, Barclays Wealth, Coutts, KPMG, Wraggs & Cushmans, and employing c36,000 people.  Birmingham has excellent connections via road to the M6, M5 and M42, by air via the International Airport, and has direct train services to London Euston in the south and Scotland in the north.  It is the UK’s second largest city with 40% of the catchment aged under 25, making it the youngest population of any major UK city. There are c106,000 city centre workers and a central population of c1.1m

The Arcade is grade 2 listed and comprises of 38 units which are a complimentary mix of both unique national, and premium independent retailers. Annual footfall is c4.2 million visitors.

3 key tenants relocated to facilitate new lettings and add to tenant mix;

Recent completion of 3 lease renewals and terms agreed on 2 outstanding;

Overseeing signage and lighting project to improve visibility and aesthetics of the arcade;

Redevelopment opportunities being considered to create luxury residential from disused offices.

Key Tenants:

Jaeger, Greggs, Yorks Bakery, Loki Wine, Liquorstore, One Day Spa & The Pen Shop

Additional Information:

Visit website at www.greatwesternarcade.co.uk