CBRE Investors, advised by Macarthur Wilson has purchased the freehold interest at 1-2 The Shambles, Worcester from a private client of King Sturge for circa £4,200,000.

The retail unit is in a prominent position in this attractive and historic cathedral city. The property is let for a further 14 years to Argos Limited at a current rent of £250,000 pa.

Philippa Carey, the acquiring agent of Macarthur Wilson says “there is limited opportunity in this current market to acquire such a well located and securely let investment with rental growth prospects. As such this is an investment with solid property fundamentals that will perform well in the future”.

Macarthur Wilson advised CBRE Investors and King Sturge advised the vendor.