A prominent workshop and vehicle servicing centre in Shirley, Solihull has been sold to a private investor.
Our agency team has negotiated the sale of 568 Stratford Road, a 4,337 sq ft property currently occupied by national retailer, Kwik Fit, on a long-term lease until June 2044.
“Stratford Road is one of Shirley’s key retail and commercial hubs, combining a strong independent offering alongside the popular Solihull Retail Park,” says our Asset Manager, Bobby Brown, who has managed the sale. “Against this backdrop and established footfall, this unit presented an attractive investment opportunity, particularly as it has a national retailer as a longstanding tenant.
“This transaction follows the sale of a neighbouring property on Solihull High Street we completed earlier this year, demonstrating there is continued demand for good quality stock in the town, especially where units are well-located and offer income security. The speed of this latest sale is a clear indication that investors remain ready to move quickly for the right assets,” adds Bobby.
