CCLA have acquired the Solihull Gate Retail Park fronting the A34 Stratford Road, Solihull, B90 4BA for £16.1 million from Aberdeen Standard. The park is let to Furniture Village, Tapi, Wren Kitchens and Sofology over 45,000 sq ft with a WAULT of over 6 years and an average rent of £31.00 per sq ft. The price reflects an NIY of 8.1%.
CWM acted for the purchasers and vendors were advised by Avison Young.
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