Friday, November 22, 2024

Eddisons selected to sell portfolio of nine commercial properties

Leeds-based property group Eddisons has been appointed to sell a portfolio of nine, mostly
retail and hospitality properties across the UK with a collective guide price of £7.5m.

The Fenwall portfolio includes the Stafford branch of Barclays Bank, a Loungers venue in Malvern, and two Costa outlets in Bolton and Norfolk.

A large, and currently vacant, Grade II-listed Regency building on Cheltenham’s famous Promenade, and an ornate three-storey Victorian property in Malvern, let to hospitality group Loungers UK, are among the nine properties in the portfolio.

Stephen Hawkins, Eddisons’ regional managing partner, said: “These are diverse and high-performing assets that we have been instructed to sell as a whole or individually. A strong tenant profile includes Costa, Vodafone, Barclays Bank, Loungers UK, restaurant chain Cote and health testing company Randox.

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