Midland House

West Bromwich

Date acquired: November 2017
Location: Midland House, Park Lane, Holyhead Road, West Bromwich, B21 8LE
Size: 20,433 sq ft / 1,898 sq m
Tenant: Single let to G4S Cash Solutions (UK) Limited

Part of the Darby portfolio, a corporate acquisition involving 40 assets; 32 warehouse investments and 8 office investments with a wide geographic spread (3 offices have subsequently been sold).  Numerous opportunities for letting voids, regearing leases, increasing rent following capex to improve and reposition buildings and carrying out historic rent reviews which have never been implemented.

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