Investment for sale.

Brochure

Coventry. Cathedral Lanes
CV1 1LL

Name: GCW
Address: 7/10 Chandos Street, London, W1G 9DQ, GB
Telephone: 020 7408 0030
Price range: ££

Prime location in the pedestrianised Centre of Coventry
Cathedral Lanes is a vibrant casual dining and leisure destination that has defined Coventry’s social scene
Coventry is benefitting from significant current and projected population growth supported by large scale regeneration projects and inward investment
76,000 sq ft of fully let leisure and retail space
An attractive income stream benefitting from a WAULT of 11.7 years to expiry and 7.7 years to breaks
68% of the income is secured for more than 10 years
A high-quality building with very limited requirement for landlord capital expenditure or intensive asset management
Cathedral Lanes produces a gross and net operating income of £1,480,175 per annum
Offers in excess of £15,400,000. A purchase at this price would reflect a Net Initial Yield of 9.00%

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