01dec'16

Vabeld continues its Lord Street strategy

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Since 2013 Vabeld has acquired a continuous block of properties on Lord Street stretching from the Santander unit on the corner with South John Street up to and including the former BHS store.

Vabeld now acquired from M&G the adjacent property; an impressive grade II listed red brick building let to Warren James, SRK Shops and Rock, the rear area being vacant as it was part of the BHS store.

In addition, Vabeld signed a purchase option on the Burger King unit and the TUI travel unit next to it.

With Grosvenor owning the other side of the street, both owners are committed to actively seeking to improve this pitch in the years to come  The demise of the BHS, which was by far the largest tenant on this street, might just be the opportunity to do so.

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