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Prime Retail Investment with Reconfiguration / Development Potential

  • Significant reconfiguration/development potential.

  • 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.

  • Located in a 100% prime trading location on Parade, Leamington Spa’s main shopping thoroughfare.

  • Outside of London, Royal Leamington Spa is amongst the top 10 regional centres of wealth and tourism in the UK.

  • 50,721 sq ft (4,712 sq m) of accommodation.

  • Freehold.

  • The property is fully let to H&M Hennes and Mauritz UK Limited at a current rent of £740,488 pa.

  • 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

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