Victory Portfolio

Victory Portfolio Brochure

  • Three amusement arcades located in North of England.
  • Prominent high street positions in Carlisle, Blyth and Middlesbrough.
  • All three properties let to Copenhagen 1801 Limited with a guarantee from Trafalgar Leisure Ltd.
  • All on 15 year leases from 10th November 2013 (14 year unbroken term).
  • Fixed rental increases of 2% pa compounded and reviewed five yearly.
  • Opportunity to add additional income through letting the upper floor of Carlisle, which would make a great restaurant, given its location in the heart of the leisure circuit.
  • We are seeking offers of £1.37m, which is an initial yield of 10% after standard purchase costs of 5.8%. If you let the upper floor of Carlisle it would take you to 11% and then you have the fixed uplifts thereafter which would take you to 12% in 2018.