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02 May 2017 | Leisure

Choices Health Club, Derby

Long established health club sold to the tenant in excess of guide price

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• 18,150 sq ft long established health club
• Let to multi-site operator
• 10.5 years unexpired lease term at £84,000 pa rent
• Sold to the tenant for in excess of the £1m guide price (7.87% net initial yield)