Nectar takes on management of property in Bromsgrove

Wednesday, January 1st, 2014

Nectar Asset Management Ltd has been appointed as UK managing agents of the property 37 High Street, Bromsgrove, West Midlands. The client is a group of Danish private investors, who have owned the property since 2007.

The property is fully let to Poundland Limited, and was formerly a Woolworths variety store, but was re-structured after the failure of Woolworths in 2008. The upper parts of the property are currently un-occupied and Nectar believes that these areas represent potential to increase the attractiveness of the property as well as contributing to the improvement of Bromsgrove town centre.