Month: January 2016

Property valuation is performed by licensed and experienced property valuers

NAI Gooch Webster, acting on their behalf, has taken an assignment of a 25-year lease from 1986 on a five-storey unit at 41 High Street, Birmingham (B4 7SL). They will be paying an annual rent of £220,000 for the unit, which has a sales area of 270 sq m (2906 sq ft), subject to five yearly reviews. Hammond Phillips represented the assignor, Mexx.

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Another issue that causes confusion is how to identify a depreciating asset. NAI Gooch Webster has now acquired 8 new units for Eye Clinic in the past 12 months alone, with more lined up for 2001. The format of quality products, with provision for a total service for customers on site is proving very successful, says the agent’s Birmingham Head of Retail, Richard Bidwell.

Birmingham was always a high priority, and we are delighted to have acquired space in such a prime pitch. That still leaves several major locations in the Midlands on our target list. Material assembled will be used by SEEDA in addressing skills and labout shortages, discussing future demands on infrastructure,(such as transport and planning) and in planning filture support for inward investment.