Acting on behalf of Downing LLP, MK2 has advised on the acquisition of a prime leisure development extending to approximately 131,467 sq ft.
The property is located on Broad Street, Birmingham’s prime leisure circuit and is let to a number of tenants including 2 bars, a restaurant a 250 bed hotel and multi-storey carpark.
The property produces a rent of £425,242 per annum and was purchased for the price of £5,400,000.
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