Broadway, Five Ways, BirminghamMake an enquiry
Atlas Real Estate have recently concluded the off market purchase of Broadway, Five Ways, Birmingham on behalf of The Glanmore Property Fund.
The purchase price was £59,000,000 which reflected a net initial yield of approximately 5.85% for the long leasehold interest.
The building is one of the most prominent buildings in Birmingham and totals approximately 258,500 sq.ft on a site of approximately 4 acres.
The ground floor comprises a Tesco supermarket of 91,000 sq.ft with multi-let offices above and a large multi-storey car park to the rear of the building.