Freehold leisure investment at Coventry Crosspoint Business Park
Location: Coventry, England, United Kingdom
Source: Financial Conduct Authority (FCA)
Acquisition of a freehold leisure investment at Coventry Crosspoint Business Park for £7.8 million at a net initial yield of 7.4%. Rental income totals £0.6 million, 77% to Tenpin Limited (bowling) on a lease without break until 2050, with RPI-linked rent increases capped at 4% and collared at 2% p.a. Two small restaurant units let to Starbucks and Pizza Hut with 11 and 9 years to run respectively
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Acquisition of a freehold leisure investment at Coventry Crosspoint Business Park for £7.8 million at a net initial yield of 7.4%. Rental income totals £0.6 million, 77% to Tenpin Limited (bowling) on a lease without break until 2050, with RPI-linked rent increases capped at 4% and collared at 2% p.a. Two small restaurant units let to Starbucks and Pizza Hut with 11 and 9 years to run respectively. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |