Investments / Wickes, Hall Green, Birmingham
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:
Price: £6.9 million
Type: Investment purchase
Status: Completed