Mixed-use leisure investment with development potential

Developed in 2004 and comprises of a 127,000 sq ft commercial leisure building, 120-bedroom hotel let to Travelodge, supermarkets, auction room and 31 flats. The site also includes a 13,955 sq ft self storage unit let to Pickfords (including a 35,613 sq ft mezzanine) and and 611 space multi-storey car park. The total site measures 8.4 acres. Multi-storey car park (MSCP) has 611 spaces over 6 storeys, including 31 disabled and parent & child bays. The current assumed Net Operating Income equates to £3,695,588 per annum. The scheme offers a WAULT of 5.3 years to expiry and 5.1 years to break.