Renowned for its Regency architecture and broad boulevards—and recently voted the “The Happiest Place to live in Britain”(The Telegraph)- Leamington Spa is an ideal example of the locations EPF targets: an “experience” and “destination” retail/leisure location, with high demographic and robust to the challenges from online retail.
EPF identified an exceptional and rare opportunity to acquire a prime retail freehold, with mid-to-long-term asset management potential, in an exceptional position adjacent to the town’s major shopping centre.
Having inspected and consulted with the tenant on several occasions, EPF recognised many of the key investment rationale we seek from acquisitions: prominent location, low/market value rent, extremely professional and efficient tenant with strong track record and growth prospects, attractive unit with low risk of voids.
Investment Rationale and Asset Management
- Prime location in exceptionally strong town.
Excellent, experienced occupier with strong growth prospects and exemplary track record.
- Short-term rental growth and lease “value-add” potential.
- Longer term intense asset management potential