Bassi on a roll as REI bags former Allied Carpets store
22nd June 2012
PROPERTY group Real Estate Investors has turned to its West Bromwich heartland for its latest deal.The company, run by entrepreneur Paul Bassi, has unconditionally exchanged contracts to acquire a part-vacant property at 294-310 High Street in a deal worth £475,000.The property, a former Allied Carpets store with offices above, has an Estimated Rental Value (ERV) of £150,000 pa, and currently produces £39,000 pa. The vendor originally paid £1.6m for the property back in May 2006.The deal reflects the c......for the full story register now for free or login below...
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