Solihull Retail Park
MetroBox are offering the freehold interest in Solihull Retail Park for £93.53 million, reflecting a net initial yield of 5.75%.
The 198,290 sq ft park is at the heart of a 525,000 sq ft out of town retail destination in the West Midlands’ most affluent town.
The park is let to B&Q, Currys, ScS, Carpetright, Hobbycraft, Halfords, Pets at Home, Dreams, B&M,Starbucks and Subway at a total rent of £5,743,629 pa.
Solihull Retail Park trades very strongly, as is evidenced by recent re-gears and a 30,000 sq ft letting to B&M. The park is 100% let, as are the adjoining Sears Retail Park and Solihull Gate Retail Park.
A PDF brochure is available here; Solihull Retail Park.
For further information please contact
Price: 93.53m
Type: Investment Sale
Status: On Market
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