Gallagher Leisure Park Sale
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Gallagher Leisure Park Sale
3 Retail Properties Offered at £10,000,000 in Bradford
Investment Highlights
- Dominant leisure park anchored by a refurbished Odeon Luxe
- Great local occupiers
- Strategically located serving both Leeds and Bradford catchments
Executive Summary
The total passing rent is £1,179,789 per annum which reflects a low average rent of £14.80 per sq ft. An attractive WAULT of 8.7 years to expiry and 8.0 years breaks.
Offers in excess of £10,000,000 (Ten million pounds) of our client's freehold interest, subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield 11.06% after assuming standard purchaser's costs of 6.70%. Yield increases to 11.62% assuming Odeon's June 2027 rent review is settled at the minimum level.
Offers in excess of £10,000,000 (Ten million pounds) of our client's freehold interest, subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield 11.06% after assuming standard purchaser's costs of 6.70%. Yield increases to 11.62% assuming Odeon's June 2027 rent review is settled at the minimum level.
Property Facts
| Price | £10,000,000 | Number of Properties | 3 |
| Price / SF | £125.57 / SF | Individually For Sale | 0 |
| Net Initial Yield | 11% | Total Building Size | 79,638 SF |
| Sale Type | Investment | Total Land Area | 27.18 AC |
| Status | Active |
| Price | £10,000,000 |
| Price / SF | £125.57 / SF |
| Net Initial Yield | 11% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 79,638 SF |
| Total Land Area | 27.18 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Odeon & PureGym
Dick Ln, Bradford BD3 7AT |
Retail | 75,087 SF | 2000 | - |
|
Costa
Dick Ln, Bradford BD3 7AT |
Retail | 1,780 SF | 2018 | - |
|
KFC
Dick Ln, Bradford BD3 7AS |
Retail | 2,771 SF | 2018 | - |
1 of 1
-
Ryan Meader -
Tim Cuzens -
Cortex Partners
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Gallagher Leisure Park Sale
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.