LOCATION
Located in Minworth, six miles North East of Birmingham City centre, and miles to five motor way junctions (M6 J4a, 5 & 6, J9 M42 & T3 M6 Toll).
DESCRIPTION
36 units totalling 282,350 sq. ft., ranging from 2,000 – 50,000 sq. ft.,
During the period of asset management, income increased by 43% and average rents per sq. ft grew from £4.50psf to £8.50 plus.
During Canmoor’s tenure, over 175,000 sq. ft. of space went under significant refurbishment subsequently leading to a number of other asset management initiatives, including over 15 open market lettings and 22 lease renewals and rent reviews.
As a result of this leasing and asset management success, the estate witnessed a 185% increase in capital value from purchase, generating a significant return for investors.
PARTNER
ABRDN/Schroders