Birmingham-based Bassi Capital has signed up Specsavers on a new ten-year lease at 51-53 High Street, Solihull.
This latest deal comes off the back of recent renewals for TUI and Robert Dyas in Bassi Capital-owned property on the same parade.
Bobby Bassi, director of Bassi Capital, said: “This is a quality letting to an established tenant and a great addition to Solihull High Street. Talks began six months before the expiry of the previous lease expiry, demonstrating the demand for strong retail pitches.
“We continue to be a committed investor in the Midlands and still have an appetite for similar assets. We remain a cash buyer and anticipate more acquisitions in 2024/25.”
Creative Retail acted for Bassi Capital and Specsavers were advised by Emanuel Oliver.
Bassi Capital represents the private investments of the Bassi family office, based at 75-77 Colmore Row in the heart of Birmingham’s business quarter.
The focus of Bassi Capital has always been in real estate investment, while other interests have included bridging finance, estate agency, care homes, property auctions and property management. Non-core activity includes award-winning restaurants and marketing and media. Investments are held in publicly quoted securities, private limited companies and partnerships.
Brands include Bond Wolfe, Watling Real Estate, CBGA and Bond Wolfe Bridging Finance, as well as leisure and hospitality business such as Asha’s Restaurant.
