News

Wickes, Hall Green, Birmingham

Price: £6.9 million Type: Investment purchase Status: Completed

Eskmuir have bought the Wickes, Hall Green, Birmingham for £6.9 million, which shows an initial yield of 6.1%.

The property is a prime solus retail warehouse unit of 26,110 sq ft. It is located directly opposite a Tesco Express foodstore and Hall Green train station.

It is let to Wickes for a further 6.25 years and produces a rent of £445,500 pa, equating to £17.06 psf.

For further information please contact:

Nick@stauntonwhiteman.co.uk

Hamish@stauntonwhiteman.co.uk