Property investor snaps up Birmingham retail park in £5m deal
A Birmingham retail park has been acquired by a major commercial property investor in a deal worth more than £5m.
Custodian Real Estate Investment Trust has acquired the 23,007 sq ft Wells Green Retail Park in Sheldon, five miles from Birmingham city centre.
The Coventry Road site comprises three units occupied by Dreams, Pets at Home and Halfords, with nearby retailers including Morrisons, Tesco, Topps Tiles and Aldi.
The leases on the units expire on September 28, 2022, September 26, 2026 and September 28, 2027 respectivel... For the full story register now for free or login below...