Log In/Sign up
Your email has been sent.
David Lloyd Gloucester Delta Way 80,901 sq ft Retail Property Brockworth GL3 4BJ £6,275,000 (£77.56/sq ft) 5.75% Net Initial Yield
Investment Highlights
- Over 300,000 people located within a 20-minutes’ drive
- Excellent trading club for David Lloyd with over 6,500 members
- Excellent access to the M5
Executive Summary
An 80,901 sq ft (GIA) state-of-the-art, luxury health club which recently underwent a £5m refurbishment.
Long-income, fully-let to David Lloyd Clubs Ltd for a further 19.8 years to lease expiry.
Total marketing rent of £384,637 per annum.
Well-secured income guaranteed by ‘5A 2’ D&B-rated parent Co. David Lloyd Leisure Ltd.
Excellent trading club for David Lloyd with over 6,500 members.
Long-income, fully-let to David Lloyd Clubs Ltd for a further 19.8 years to lease expiry.
Total marketing rent of £384,637 per annum.
Well-secured income guaranteed by ‘5A 2’ D&B-rated parent Co. David Lloyd Leisure Ltd.
Excellent trading club for David Lloyd with over 6,500 members.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Property Size
80,901 sq ft
Costar Property Class
B
Year Built
1990
Price
£6,275,000
Price per sq ft
£77.56
Yield
5.75%
NOI
£360,813
Tenancy
Single
Number of Floors
2
Plot ratio
0.37
Total Plot Size
5.00 ac
Parking
300 Spaces (3.69 Spaces per 1,000 sq ft Leased)
Frontage
311 ft on Delta Way
Amenities
- Pool
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
David Lloyd Gloucester | Delta Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.