Regent Street, Leeds

In August 2016, Riverside Capital investors purchased via forward funding a retail and leisure development of two detached buildings, totalling 42,544 sq. ft., and adjoining car park for 192 vehicles on a 2.5 acre site. New 15-20 year leases were agreed with major discount retail tenants including Aldi Stores Ltd and Pure Gym Ltd, all with upward only rent reviews every five years.The Net Initial Yield at purchase was 5.28%.

  • Purchase date 08/2016
  • Purchase price £6.92m
  • Net Initial Yield 6.94%