Prominent Maypole Retail Park investment brought to market at £6.245 million

A highly prominent mixed-use investment opportunity in south Birmingham has been brought to market by Bond Wolfe, acting jointly with Lewis & Partners, with offers invited in excess of £6,245,000.

Maypole Retail Park, located on the busy A435 Alcester Road South, occupies a landmark position on one of the city’s main commuter routes and serves a strong and established catchment.

The scheme comprises a 60-bedroom Travelodge hotel alongside a purpose-built retail parade, originally developed in 2007, and currently produces a total rental income of £516,122 per annum, reflecting a net initial yield of 7.75%.

James Mattin, managing director of Bond Wolfe, said:

“The Maypole traffic island is an iconic gateway into Birmingham from Redditch and the wider south, with direct access towards Junction 3 of the M42 approximately five miles away.

“The retail park benefits from a strong consumer catchment, positioned between Kings Heath, Shirley and Wythall, all of which are well-established and densely populated areas.”

The property includes a 22,344 sq ft Travelodge hotel arranged over the retail element, together with six retail units totalling 16,175 sq ft.

Occupiers include a mix of national and established tenants such as Ladbrokes, Poundstretcher, InHealth and Subway.

The retail units benefit from rear servicing, while the site also provides a 64-space car park, including EV charging facilities let to Swarco Smart Charging Ltd.

In total, the development extends to approximately 38,519 sq ft on a site of 1.092 acres.

The scheme sits adjacent to a 77,500 sq ft Sainsbury’s store and close to a 15,000 sq ft Aldi, further strengthening its position within a well-established retail and leisure destination.

James Mattin added:

“The scheme occupies a highly prominent position on the Maypole roundabout, benefitting from excellent roadside visibility, strong parking provision and surrounding national retail operators.

“This investment offers an attractive combination of secure long-income and future reversionary potential.”

For further details, contact James Mattin at jmattin@bondwolfe.com or call Bond Wolfe’s commercial agency team on 0121 525 0600.