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Sold on 01/09/2018
£4,765,000
Kings Heath is a popular residential suburb of Birmingham located approximately 4 miles (6km) south of the city centre, 25 miles (40km) north of Worcester and 20 miles (32km) west of Coventry. The town lies within 5 miles (8km) from Junction 3 of the M42, which in turn links to the M40 (Junction 3A), the M5 (Junction 4A) and the M6 (Junction 7A).
The subject property comprises a purpose built retail development situated on an island site at the corner of High Street and Silver Street.The property is fully let to seven national retailers trading from well-configured retail units. The ground floors are fully fitted to the corporate style of the retailers and utilised as sales while the first floors are used as ancillary space with the exception of Specsavers who have customer consultancy rooms on the first floor.
£445,860.00 per annum exclusive
Wilko, Bonmarche, Greggs, Specsavers, Burtons
Freehold
8.75% NIY
Partner | Investment
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abrdn
Thorough, tenacious, practical in their outlook and approach but above all they get results.
La Salle Investment Management
The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.
M & G Real Estate
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DTZ Investors
With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.
Hammerson
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