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For Sale/To Let - Former Co Op, Penkridge, Stafford. The property is a two storey building, comprising of a retail unit and storage to the ground floor and three self-contained, two bedroom residential flats to the first floor, with an independent entrance off Market...
Avison Young
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Tue Mar 11 2025
A retail park in Cannock, Staffordshire with a price tag of £5.35m has been acquired by Hobart Partners. Constructed in 2012, Roman Way Retail Park extends to a total area of 24,524 sq ft across a 1.88 acre site. The scheme comprises three retail warehouse units – fully let to DFS, Porcelanosa, and Starplan Furniture – and generates a rental income of £570,205.20. It also has a weighted average unexpired lease term of 7.
Wed Dec 11 2024
British Land has continued its retail park acquisition spree after purchasing Orbital Retail Park in Cannock, Staffordshire. The asset has been acquired from Clearbell Property Partners, a fund managed by Clearbell Capital, for £27.6m. The purchase comes after British Land recently snapped up a portfolio of seven schemes from Brookfield. The real estate investment trust also announced in September that it had spent £240m on retail parks since April.
Wed Dec 11 2024
MK2 Real Estate, acting on behalf of Hortons Estate, has completed the sale of a retail parade with offices in Wolverhampton to Tri Capital for an undisclosed fee. The property on Dudley Street comprises eight retail and office units spanning a total of 69,519 sq ft, and is currently let to tenants including Metro Bank, Starbucks, Lloyds TSB, and Cancer Research. A store formerly occupied by Sports Direct remains to let.