Dudley shopping centre to head to auction
The freehold of a shopping centre in Dudley is set to go to auction with a guide price of £2.5m.
Going under the hammer later this month, Trident Shopping Centre spans approximately 94,215 sq ft and comprises 17 high street-facing shops and 10 shops inside the mall.
The scheme is also home to an 175-space underground and rooftop car park.
Tenants include B&M, Subway, The Salvation Army and a mix of retailers and cafés, with neighbouring occupiers including JD Wetherspoon, CeX, Superdrug, Boots, and Poundland.
The property is being marketed by Acuitus and will head to auction on 15 February.
John Mehtab of Acuitus said: “Assets of this size which are located in sizeable towns such as Dudley hold considerable value in the eyes of potential investors, especially when one considers that Trident Shopping Centre has a full tenant roster generating strong rental income.”