Asset class: Retail and hospitality
Size: 201,606 sq.ft.
Site area: 1.7 acres
Income per annum: £2.177m
Cap Val: £71 per sq.ft.
Purchase price: £14.4m
The Core is located in the heart of Leeds city centre, extending to 201,606 sq ft across a total of 30 retail units over three floors.
The centre is anchored by retailers Matalan, Cotswold Outdoor, Poundland and FootAsylum, as well as a food court occupied by Burger King and Subway, among others. The ownership also includes a car park, which has been let out on a long lease until 2114 on a peppercorn rent.