Retail

Penny Hill Centre, Hunslet, Leeds 

 

Price: £3,200,000

Date: Q3 2019

Acting on behalf of London & Cambridge Properties we advised on the purchase of this shopping centre investment for £3.2m.

The Penny Hill Centre is a neighbourhood shopping precinct comprising 22 retail units and extends to a total floor area of 34,645 sq ft. The scheme is well let to a strong community and convenience tenant line-up with key occupiers including Greggs Plc, Barnardo’s, Clydesdale Bank, Sue Ryder, Sportswift, Bestway National Chemists Ltd, Scrivens, William Hill and Lloyds Bank. Weighted average unexpired lease term of 7.92 years to expiry and 4.67 years to break with a passing gross contracted income of £373,658 p.a.

Contact

Simon Lewis

Tel: 020 7493 3330
Mob: 07831 527 960
slewis@lewisellis.co.uk

David Kos

Tel: 020 7493 3330
Mob: 07709 813267
dkos@lewisellis.co.uk


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