HAYMARKET TOWERS HUMBERSTONE GATE LEICESTER Prime Freehold Retail Investment HAYMARKET TOWERS HUMBERSTONE GATE INVESTMENT SUMMARY LEICESTER LE1 1WA A rare chance to secure a The asset provides the best high Passing rent substantial, 100% prime retail street retail units in Leicester £2,245,500 per annum parade in a Top 10 UK city Modern retail parade with double- Offers are sought in excess of Freehold height glazed frontages £35,000,000 reflecting a Leicester is a regional, retailing Anchored by M&S, Barclays and Net Initial Yield of 6.00%, centre in the UK New Look, extending to almost after allowing for graduated 90,000 sq ft purchaser’s costs at 6.77% Leicester was 3rd in Hot 100 Retail Locations (CACI - 2015) Over 50% of the income derived from blue-chip, FTSE 100 companies Leicester has the 9th largest primary catchment population in the UK Over 85% of the income derived from national covenants Leicester is the 10th Best Retail Location in the UK (HDH - 2016) AWULT to lease expiry in excess of 10 years and in excess of 9 years to break options LOCATION & COMMUNICATIONS TOURISM & CULTURE Leicester is in the heart of England, some 38 miles (61 km) north of Northampton, Leicester has a number of high profile, state-of-the-art, award-winning venues 45 miles (72 km) east of Birmingham and 25 miles (42 km) south of Nottingham. including The Curve and the National Space Centre, in addition to the renowned museums, galleries, areas of natural beauty and ancient heritage in its immediate CAR surroundings. There is also a wide ranging calendar of events and festivals in the Leicester is well connected to the national road network, lying east of City throughout the year. junctions 21, 21A and 22 of the M1 motorway with easy access to the M69 and the M6. The A6 runs though the city centre providing access The City Mayor and the Local Council put together Leicester’s ‘Tourism Action Plan to Loughborough immediately to the north and Market Harborough 2015-2020’, setting out their vision whereby, come 2020, Leicester will be firmly to the south. established as a primary tourism destination, delivering sustained and sustainable growth into Leicester’s economy. Leicester’s ring road, the A563, connects towns and cities to the east, such as Peterborough, Grantham, Melton Mowbray and Uppingham At the VisitEngland Awards for Excellence 2016, the Attenborough Arts Centre, The via the A607 and A47. Dandelion Hideaway and King Richard III Partnership all won awards amongst the country’s elite tourism offers. TRAIN Following the discovery of Richard III’s remains in 2012 and his burial in Leicester With over £70m invested in Leicester’s rail connections during 2013, Cathedral, there has been a surge in the number of visitors to Leicester. One of the London is now only 1 hour and 2 minutes from Leicester city centre. trustees at the Richard III visitor centre recently suggested that the visitor centre The rail service is extensive and efficient also providing frequent increased tourism in Leicester by 3% since opening, which is the equivalent of services to Birmingham, Sheffield and Nottingham. boosting the local economy by an estimated £45 million. LEICESTER AIR LOCAL ECONOMY & LEICESTER’S The value of tourism in Leicester and Leicestershire has grown for the sixth The city is located 18 miles (29 km) south of East Midlands consecutive year to reach a record high of £1.571 billion (LeicesterShire Leicester is one of the oldest cities in England with a history going back almost International Airport which provides a full range of domestic and VISION FOR THE FUTURE Promotions). This is a 6% rise on the previous year and a total increase of 2000 years. Leicester is the principal commercial centre in Leicestershire and lies international flights. It is the UK’s No.1 airport for pure freight, more than 20% over the last six years. on the River Soar, at the edge of the National Forest. managing 300,000 tonnes per annum. Some of the largest employers in Leicester and Leicestershire are: Leicester also benefits from two high profile sports teams. Leicester Leicester is a modern, exciting, cosmopolitan city. It is rich in arts, culture, sports BUS Emerson Process Management IBM Hastings Direct City FC ‘The Foxes’ are the 2016 English Premier and steeped in heritage, most recently with the reburial of King Richard III, who First Bus, Arriva and Centre Bus all operate extensive local and Santander Grant Thornton KPMG League Champions and Leicester Rugby FC reigned 1483 - 1485, at Leicester Cathedral in March 2015. national bus services to and from the city centre. There are also Park Everards Brewery KP Snacks Babcock ‘The Tigers’ came 4th in the 2016 English and Ride services into Leicester city centre from 7am to 7pm Monday Caterpillar Baker Tilly Taylor Hobson Rugby Premiership. There is a comprehensive shopping offer in Leicester, ranging from the main to Saturday from sites at Birstall, Enderby and Meynell’s Gorse. stream shopping centres and streets to the boutiques, markets and specialist Winning the football Premier League is stores. likely to be worth £250m to Leicester Mansfield City FC alone (CityAM) and with an Matlock exemption into Champions League football next season, the triumph will Newark-on-Trent undoubtedly generate greater profile M1 STOKE-ON-TRENT and more tourism for the city. Ashbourne NOTTINGHAM DERBY Grantham Stone Uttoxeter The value of tourism to EAST Stafford MIDLANDS Spalding Leicester City Council developed an Economic Action Plan for 2012 to 2020. The key Leicester has grown for Loughborough Melton Mowbray points of this Action Plan are to: Glasgow Edinburgh M6 M1 the sixth consecutive Cannock • Invest in the City • Drive economic growth year to a record high M6(T) M42 LEICESTER Newcastle • Build on the significant investment made previously of £1.571 billion WOLVERHAMPTON Uppingham Belfast M69 • Build on the strong entrepreneurial spirit of Leicester and its business M6 community BIRMINGHAM Market Corby • Emphasise the city’s location and connectivity with the rest of the UK, Europe Harborough Manchester BIRMINGHAM and the world Dublin M5 M6 M42 COVENTRY Kettering • Establish Leicester as a more attractive and accessible hub UNIVERSITIES/STUDENTS M42 • Joining up the retail, leisure and entertainment offer with improved pedestrian There are a number of colleges and universities in the city for further education. Birmingham Leicester flow, cycle ways and bus routes / stops Redditch Leamington Spa Wellingborough The most renowned educational establishments are The University of Leicester Warwick Droitwich Daventry M1 and De Montfort University. There are almost 40,000 students in the City. NORTHAMPTON St NeotsContinuing to focus on the links between transport hubs, retail areas, the historic London Cardiff Bristol Stratford upon Avon M40 city itself, the markets, the Cultural Quarter, the CBD and the newly developing areas such as regenerating the Waterside area, as well as the residential areas beyond the inner ring road (A563), should ensure that Leicester remains a Great Malvern Evesham dominant UK city and continues to prosper. Banbury MILTON KEYNES Progress is visible throughout the city and most recently the multi-million pound Letchworth redevelopment of the bus station to the north and rear of the Haymarket Shopping Centre demonstrates the local council’s commitment to invest in the city. Leicester is home to almost HAYMARKET TOWERS HUMBERSTONE GATE 40,000 students LEICESTER LE1 1WA 04 05 HAYMARKET TOWERS HUMBERSTONE GATE LEICESTER LE1 1WA SITUATION This site was home to Lewis’s Department Store until the mid-1990’s when Haymarket Towers, extending to some 90,000 sq ft (8,361 sq m), was built. Haymarket Towers enjoys an extremely prominent position, opposite the Haymarket Shopping Centre, with retailing frontage directly on to Humberstone Gate. Humberstone Gate is the prime high street retailing location in Leicester. The shop units provide an occupier with modern, well-configured retail space and double-height glass frontages on to the pedestrianised Humberstone Gate. Marks & Spencer occupy one of the most prominent units in Haymarket Towers and own the other part of their store Freehold. The whole store creates a link through to Gallowtree Gate where M&S also have an entrance. The other tenants in the parade are Barclays Bank, Superdrug, Select, New Look and DW Sports. DW Sports have an entrance at ground floor, in between M&S and Barclays, leading to a modern gymnasium and sportswear store on the 1st floor. Haymarket Towers is ideally situated close to retailers such as Primark, H&M and Boots directly opposite, who are all integrated as part of the Haymarket Shopping Centre. Primark owner-occupy their store and are a major attraction, as well as a strong, complementary, anchor store at this end of the pitch. Haymarket Towers also benefits from easily accessible loading facilities, provided via the service yard to the rear, which is within the Title boundary. Haymarket Towers enjoys an extremely prominent position, with retailing frontage directly on to Humberstone Gate 06 07 HAYMARKET TOWERS HUMBERSTONE GATE CITY HALL LEICESTER LE1 1WA CURVE TOWN HALL THEATRE SQUARE G CULTURAL R QUARTER A RETAILING IN LEICESTER N B Y Leicester is the second largest commercial centre in the Leicester’s second shopping centre, The Haymarket Centre, S East Midlands and classified as a regional centre in the UK fronts onto the Clock Tower and provides the entire retailing T (PROMIS). frontage directly opposite Haymarket Towers. Key anchor T S retailers within the Haymarket Centre include H&M, Sports Leicester is a major, dominant, retailing destination, Direct, Peacocks, TK Maxx and Primark. N A providing a highly sought after, attractive and diverse retail G M CORN EXCHANGE A offer.