Mixed-use investment hits the market with £6m price tag
Maypole Retail Park, a mixed-use development in south Birmingham, has been listed for £6.245m.
The site includes a 22,344 sq ft, 60-bedroom Travelodge hotel and a purpose-built retail parade constructed in 2007. It currently produces £516,122 per year in rental income, reflecting an initial yield of 7.75%.
James Mattin, managing director of Bond Wolfe said: “The Maypole traffic island is an iconic gateway into Birmingham from Redditch and all points south of Birmingham, leading to Junction 3 of the M42, five miles south. May... 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...
