Prominant Sutton Town Centre investment property sale completes
A prominent commercial investment property in the heart of Sutton Coldfield Town Centre has been sold to local investors.
The investment property which is prominently situated fronting Birmingham Road, the main arterial route linking Sutton Coldfield with Birmingham and is within walking distance of the town centre, comprises commercial premises let to Dignity Funerals Limited at a rental of £14,000 per annum on a 20 year lease from December 2016 together with a separate rear parcel of land
David Hemming, Director commented, "unsurprisingly, we received substantial national interest for this property investment which resulted in a best and final offer process through sealed bids. Sutton Coldfield remains an attractive proposition for commercial property investors and this is certainly reflected in the level of interest, number of offers received and the subsequent sale price achieved.
In addition to the disposal of investment property, Burley Browne also offer a service to source investment opportunities across the UK.
For further information, please contact David Hemming