Jordan Keating
jordank@jacksoncriss.co.uk
020 7637 7100
Prime Retail Investment with Reconfiguration / Development Potential
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Significant reconfiguration/development potential.
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Royal Leamington Spa is an affluent and popular Regency town dubbed ‘Silicon Spa’ being the hub for a sizeable cluster of UK & multinational video gaming and digital production companies.
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Located in a 100% prime trading location on Parade, Leamington Spa’s main shopping thoroughfare.
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Outside of London, Royal Leamington Spa is amongst the top 10 regional centres of wealth and tourism in the UK.
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50,721 sq ft (4,712 sq m) of accommodation.
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Freehold.
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The property is fully let to H&M Hennes and Mauritz UK Limited at a current rent of £740,488 pa.
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Unexpired term of 3 years.
Tenure:
Freehold
Yield:
16.33 %
Price:
£4,250,000
Contact:
Philip Hay BSc (Hons) MRICS
020 7637 7100 or 07770 580 590
phay@jacksoncriss.co.uk
Rhodri Jones
020 7637 7100 or 07590 244643
rjones@jacksoncriss.co.uk