Dudley shopping centre heads to auction at £2.75m

The ownership rights to the Trident Shopping Centre located in Dudley are set to be auctioned off at the upcoming Acuitus commercial property auction.

The auction is scheduled for February 15th with the shopping centre carrying a guide price of £2.75m. The property yields £468,800 in rental income and features 17 street-fronting shops along with an additional 10 stores within the mall, the complex also offers the convenience of roof and basement parking for up to 175 vehicles.

John Mehtab of Acuitus said: “Assets of this size which are located in sizeable towns such as Dudley, hold considerable value in the eyes of potential investors. Especially when one considers that Trident Shopping Centre has a full tenant roster, generating strong rental income”.

The Acuitus auction, scheduled for February 15th at 1 pm, will be broadcast live on the Acuitus website, facilitating online, telephone, and proxy bidding.