Fawcett Mead are pleased to have advised GBRE Investment Management on the disposal of 51/61 High Street, Solihull.

The prime freehold asset is let to Poundland, TUI UK Retail, Robert Dyas and Gadget 4UK, generating a total annual income of £320,000 per annum.

With a WAULT to expiry of under 1 year, the property offers a number of asset management opportunities.

Jonathan Mills commented "We were delighted to sell this prime retail parade for CBRE Investment Management. With a relatively short income profile, there is plenty of scope for future asset management."