FMX
Leicester

Haymarket Towers

Haymarket Towers, Leicester

Under Offer

Property Details

Price

£18,992,000

Net Initial Yield

9%

Tenure

Freehold

Description

  • Leicester is the largest economy in the East Midlands, with a GVA in excess of £23 billion. (Source: Leicestershire Enterprise Group)
  • The East Midlands airport has recently been announced as a freeport expansion, supporting 60,000 new jobs and initiating enormous investment.
  • Significant unbroken parade with substantial uppers with viable development potential.
  • Repositioning option for alternative uses such as BTR, hotel or student housing.
  • Over 25% of the income secured to Marks and Spencer for c15 years.
  • Several large retail units across multiple floors, totalling 88,415 sq ft.
  • Rental income secured by national covenants including Marks and Spencer plc, Barclays Bank plc and Tesco Stores Limited
    • Freehold

Location

Contacts for this property

James
James Mead
07919 622542
020 3130 4650
Paddy
Patrick Kilvington
07860 625512
020 3130 4650

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