Leicester Matalan store sold for £6.7m

Custodian REIT, the Leicester property investment company, has bought a Matalan store in the city for £6.7m. The company has acquired the 37,804 sq ft retail warehouse in Leicester, near the Beaumont Shopping Centre and the city's outer ring road. The unit is occupied by Matalan, with nearby retailers including Tesco, Argos, Wilko and Superdrug. The company acquired the property by purchasing the entire issued share capital of BL (Leicester) and its wholly owned subsidiaries, Belgrave Land (Beaumont Leys) and Belgrave Land (Lei... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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