Red Kite in conjunction with Mark Sachon of Gatehouse has purchased from a private investor a portfolio of 7 small high street shops for Maple Holdings Limited.
The rent roll is £414,000 p.a. and Red Kite and Gatehouse will asset manage the portfolio of tenants such as The Works, O2, GAME, YMCA, Betfred and H Samuel and start restructuring lease and working with the tenants to secure longer dated income and leases.
Tom Cullen of Colliers Retail Investment team acted on behalf of Red Kite and Gatehouse in the purchase.