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.