The Slug and Lettuce, Leicester

27 Market Street, Leicester LE1 1DP
Property Investment Track Record
The Slug and Lettuce, Leicester
27 Market Street, Leicester LE1 1DP
April 2015

Acting on behalf of a trust, MK2 has advised on the acquisition of this prime leisure investment located on Leicester’s main leisure circuit.   The property is let on a full repairing and insuring lease with an unexpired term of 18 years with the rent to be reviewed every 5 years.

The property was purchased for a price of £1,400,000 reflecting a net initial yield of 7.1%.

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