Investment Team Sell Food Store Anchored Scheme in Midsummer Norton

Investment Team Sell Food Store Anchored Scheme in Midsummer Norton

G&P Investment Team have sold a Sainsburys Supermarket anchored Convenience Parade in Midsummer Norton on behalf of clients of LaSalle IM.

The investment comprised a site spanning 2.95 acres. 83% of the income was secured to Sainsburys Supermarkets Ltd, expiring 2025. The remaining units are let to tenants including Costa, Barnardo’s and a number of local occupiers.

BANES purchased the property for £5.7m.

For further information please contact Patrick Over.

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