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Gallagher Leisure Park Sale 3 Retail Properties Offered at £8,190,000 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
Dominant leisure park investment opportunity. Offers in excess of £8,190,000 (Eight million one hundred and ninety thousand pounds) for our client’s freehold interest, subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 13.50% after assuming standard purchaser’s costs. Yield increases to 14.00% assuming Odeon’s June 2027 rent review is settled at the minimum level.
Property Facts
| Price | £8,190,000 | Number of Properties | 3 |
| Price psf | £102.84 / sq ft | Individually For Sale | 0 |
| Yield | 13.50% | Total Property Size | 79,638 sq ft |
| Sale Type | Investment | Total Land Area | 27.18 ac |
| Status | Active |
| Price | £8,190,000 |
| Price psf | £102.84 / sq ft |
| Yield | 13.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 79,638 sq ft |
| 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 sq ft | 2000 | - |
|
KFC
Dick Ln, Bradford BD3 7AS |
Retail | 2,771 sq ft | 2018 | - |
|
Costa
Dick Ln, Bradford BD3 7AT |
Retail | 1,780 sq ft | 2018 | - |
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Gallagher Leisure Park Sale
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