Retail Investment Sold in Darlaston
General | 09.06.2016
Burley Browne are delighted to announce the sale of a two storey block of 8 retail shops on King Street, Darlaston which is the pedestrianised shopping precinct in Darlaston Town Centre. The investment comprises a multi let retail parade of 8 units that produce an income of £75,900 and was sold for £700,000 following strong and competing interest from local investors. The parade which is immediately opposite Asda, is let to a mix of local and national operators with two of the more notable occupiers being Boots UK and St Giles Hospice.
Steve Hannaford from Burley Browne commented that “The Colman Centre in Darlaston received a high level of interest from investors and together with recent retail investment sales in Walsall and Great Barr demonstrates the surge in demand for freehold and investment opportunities”
To discuss your investment requirements in further detail or should you be a commercial landlord considering a disposal, please do not hesitate to contact Burley Browne on 0121 321 3441 or alternatively via e-mail email@example.com