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:

Nick@stauntonwhiteman.co.uk

Hamish@stauntonwhiteman.co.uk

Price: £6.9 million

Type: Investment purchase

Status: Completed

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