Retail News
Betfred have added another branch to their stable of betting shops with the acquisition of 141 High Street, Kings Heath, Birmingham.
The ground floor only premises occupy a prominent corner location within the prime retail pitch containing a sales area of approximately 958ft².
A lease for a term of 10 years was taken at a rental of £47,500 per annum.
Mark Bradley of FHP who represented Betfred, commented:-
“The property was identified following a recent visit to Birmingham with the deal being successfully secured in a competitive bids situation with another major bookmaker. Contracts were exchanged very quickly within a matter of days and the lease was completed following receipt of A2 planning consent and a betting licence.”
Betfred’s nationwide expansion programme continues and they now trade from 843 branches.
Details of any suitable units containing between 1,000 – 1,500ft² ground floor sales should be forwarded to Mark Bradley at markb@fhp.co.uk, Mobile 07887 787884.