A new Mediterranean restaurant will be coming to West Bromwich town centre after a new deal was agreed for the former Allied Carpets store.
Black Country property agency Bond Wolfe has let the final unit at the former 25,000 sq ft store, in High Street, to an unnamed restaurant operator on a 20-year lease.
The transaction takes the total income for the asset, which is owned by Birmingham-based Real Estate Investors, to £145,000 per annum.
Bond Wolfe managing director James Mattin said: "We are delighted that 294 - 310 High Street is now fully let.
"We were instructed to market the building whilst it was in a run-down, unloved state.
"Yet, by working closely with our client, this part of the High Street has been transformed, and at the same time we have added significant value to the property."
It is situated close to the Tesco-led New Square development plus an influx of footfall from the new Sandwell College.
The deal follows the recent lettings of the adjacent unit to a convenience store operator, 115 Hill Top to betting chain Corals, and 11 newly built retail units at the Latitude development which is now producing an annual income of in excess of £250,000 per annum.
