Retail park sold in £10.25m deal

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A retail park has been sold for £10.25m.

Birmingham-based property group Hortons has offloaded Cannock Gateway Retail Park, in Norton Canes, to a private investor in an open market transaction.

The estate comprises almost 38,000 sq ft of retail and drive-thru accommodation and an electric vehicle charging station.

It is fully let to occupiers including TK Maxx, Costa, Burger King, Sofology and MFG EV Power.

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