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Shopping centre sells for less than the price of a flat
October 03, 2023
|Daily Express
A SHOPPING centre has been sold off for less than the price of a London flat in another blow to the high street.
It went for £615,000, almost £400,000 below its guide price, weeks after going into receivership.
The Kingsway Centre in Newport, Gwent, is home to household names such as Starbucks and Sainsbury's.
But Dave Sayce, a Cardiff-based property expert and owner of Compare My Move, said: "The sale of the Kingsway is a sign of the times.
"The high street has been slowly depleting for years now and has really struggled to compete with the ease and variety of online shopping."
هذه القصة من طبعة October 03, 2023 من Daily Express.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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