As part of a JV we have acquired a portfolio of 11 prime town and city centre bars and restaurants across England from Kandahar for £10,875,000, reflecting a net initial yield of 8.15%.
Locations include Bournemouth, Cheltenham, Liverpool, Leeds, Leicester and Nottingham. The portfolio totals 7,976 sq m (85,853 sq ft) of bar and restaurant accommodation let to tenants including Ask Restaurants Ltd, JD Wetherspoon plc and Restaurant Bar and Grill Ltd.