Gallagher Leisure Park, Leeds-Bradford
Dominant leisure park anchored by a recently refurbished Odeon Luxe.
Situated between the 3rd and 6th largest cities in the UK.
Strong trading modern leisure scheme with generous customer car parking.
Large site with 12.75 acres of freehold ownership.
The total passing rent is £1,236,240 pa and this represents an affordable
current average rent on the built space of £14.80 per sqft.
WAULT of 12.84 years and WAULT to tenants’ breaks of 12.22 years.
A well let scheme with 100% of the income let to tenants with a Very Low Risk
64% of the income is linked to RPI, capped and collared at 3% & 1%.
Asset management opportunities to optimise and improve the current lease terms
and tenant line up, through regears and further development.
Net Initial Yield