Historic shopping centre in the bag for Jewellery Quarter-based investor

An historic shopping centre in Stratford-upon-Avon is under new ownership after being sold for £1.85m.

The Minories in Henley Street has been sold to Jewellery Quarter-based Sutton Carter Investments by Leamington Spa commercial property experts ehB Reeves.

The centre comprises nine units, including the Grade II-listed premises housing Edinburgh Woollen Mill and the El Greco restaurant.

The mixed retail and restaurant complex is expected to generate an annual income of £171,890.

Simon Hain, director of ehB Reeves, said: “This sale protects the immediate future of one of Stratford’s best-known shopping areas and we’re delighted to have secured the deal.

“The properties comprise a mixture of period half-timbered buildings through to modern, contemporary purpose-built retail units.

“The development is likely to stay in its current format and will hopefully flourish under its new ownership.”