The Quadrant, Alcester Street, Redditch.

3rd January 2019

Freehold mixed use block in an affluent Midlands town in a well located and established A3/A4 pitch. The building comprises 39,065 square feet of retail/leisure/gym/office with 143 space car park. The investment produces a net annual income of £389,640 per annum with a WAULT of 5.5 years to expiry (2.77 years to break). It incorporates eight tenancies including; JD Wetherspoon plc, D P Realty Ltd, Swanswell Charitable Trust, Prime Fitness (UK) Ltd. This asset has considerable capital upside, with prospects for residential development and the ability to break up to generate further capital value through individual sales to premium values.

Available to let, please contact:

Scott Robertson at Creative Retail on 0121 400 0407
or email: scott@creative-retail.com

Ben Truslove at John Truslove on 01527 584242
or email: ben@truslove.co.uk