Prime Birmingham Core Leisure Investment FOR SALE’
Institutional clients of Mellersh and Harding have instructed us to market this City Core Birmingham Investment let to David Lloyd Leisure until 2034, (subject to a break in October 2024) The current rent is £121,355 per annum exclusive and a reduced price of £1,225,000 reflects an attractive net initial yield of 9.35%. With the tenant having recently vacated the premises and with a substantial rent penalty if the lease is broken, the investment provides interesting asset management opportunities going forward. Back

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