Investor to shop around for more deals after buying retail park
Manchester property business Glenbrook Investments has bought a retail park in Accrington town centre for £2.83m.
It plans to buy similar sites in the next year, attracted by the "resilient" nature of the tenants and the potential for different uses.
The 4.9-acre site is home to Home Bargains, Pets at Home, The Food Warehouse and Poundstretcher. The deal for Eastgate Retail Park was £0.6m below the hoped-for price when the property was marketed a year ago.
Chris Lloyd, investment director at Glenbrook, said: “Despite the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
