Property overview

Acting on behalf of BPG, AP Investment has recently sold a prime mixed use investment in the centre of Moseley.

BPG had undertaken a wholesale redevelopment of the site back in 2003, creating ground floor retail on the Alcester Road, 15 apartments above and additional office accommodation above one retail unit. All the apartments were sold off when the scheme completed but the company retained the commercial element for the last 23 years.

They have now sold the property, arguably the prime block in Moseley Village, which is anchored by Greggs, Coffee #1 and William Hill. There is over £160,000 of income including the residential ground rents.

The investment was sold to a private investor for in excess of the £1,855,000 asking price.

Browne Jacobson acted for BPG and Clarke Willmott for the purchaser.

View other sales  and recent transactions.