Realis Estates has leased the entire 35,320 sq ft of retail warehouse space at Highgate Middleway Retail Park to expanding homewares retailer Better Bathrooms. In order to complete the letting Realis also secured a lease-surrender from the building’s previous tenant Carpet Right.
Realis purchased the property – which is located to the south east of Birmingham City Centre and also includes 136 car parking spaces – from Cerberus Holdings last month (July) for an undisclosed sum.
Better Bathrooms is due to open on 26 December 2015.
Duncan Mathieson, Managing Director of Realis Estates, said: “Due to the buildings size and excellent location we were confident that retailers would be keen to take advantage of the opportunity. Better Bathrooms is a great operator and we look forward to them opening later in the year.”
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