Investments.

Sutton Coldfield.

The Red Rose Shopping Centre, B72 1XX

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Status.

Sold on 01/10/2016

Service Charge.

Location.

The Royal Town of Sutton Coldfield is the largest commercial centre in the Birmingham conurbation, forming a large part of the Metropolitan Borough. The town is located some 8 miles (13km) north east of Birmingham city centre, 11.5 miles (18.5km) east of Walsall and circa 8.4 miles (13.5km) south west of Tamworth.

The town benefits from excellent road communications with the M6 (J6/J7) and the M6 (Toll) motorways in close proximity providing access to Manchester (88 miles) and the north-west. The M42 (J7) is also in close proximity situated 10.7 miles (17.km) to the south of the town providing quick and easy access to the M5 and the south-west.

Description.

The centre, constructed circa 1974 and occupying a sloping site, is a substantial mixed use asset comprising a large LSU, 10 unit shops fronting either Lower Parade or within an internal covered mall/courtyard, Sutton Coldfield’s main library, the town's only night club, a gym and a 550 space multi-storey car park with access from Victoria Road.The LSU is secured on a long unexpired lease to Sainsbury’s and sub-let to and occupied by Wilko.

Rent.

£821,725.00 pax

Availability.

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

Contact.

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

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

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

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