Leicestershire, Leicester, Leicestershire, LE1

Unit 2, Haymarket, Leicester – Secure HighYielding Investment Opportunity

Guide Price: £1,450,000
Net Income: £120,000 per annum
Net Initial Yield: 8.28%
Net Internal Area: 8,303 sq ft
Tenant: BKUK Crown Limited t/a Burger King
Lease Expiry: 5 December 2033
Tenure: 999year long leasehold / virtual freehold
Location: Prime pedestrianised Haymarket, Leicester city centre

An attractive opportunity to acquire a prominent Burger King investment in the heart of Leicester city centre, occupying a highly visible position within the established Haymarket retail destination.

The property is let to BKUK Crown Limited, trading as Burger King, a nationally recognised occupier, producing a current net income of £120,000 per annum and reflecting an attractive 8.28% net initial yield at the guide price.

Prime Leicester City Centre Location

The property is prominently positioned on Haymarket, one of Leicester's established pedestrianised retail locations. The unit benefits from being surrounded by a strong mix of national retailers, including Primark, Matalan and TK Maxx, alongside food, leisure and convenience operators.

Haymarket Shopping Centre is directly integrated with the wider citycentre retail environment and benefits from excellent pedestrian connectivity. The location also sits immediately adjacent to Haymarket Bus Station, providing a significant source of passing pedestrian traffic and helping to connect the shopping centre with the wider city centre.

The surrounding retail offer creates a strong complementary environment for Burger King, with shoppers, workers, students, residents and visitors all contributing to activity throughout the day.

Strong Footfall and Trading Environment

Haymarket benefits from established pedestrian flows generated by its combination of retail, food and beverage, transport and leisure uses. Leicester City Council reported 5.7 million visits to the Haymarket Shopping Centre during 2022, representing a 41% increase on 2021, with footfall returning towards pre-pandemic levels. Historical figures have reached as high as approximately 9 million annual visits.

The location also benefits from pedestrian movement between Haymarket Bus Station and Humberstone Gate, with previous retail studies identifying strong pedestrian traffic at ground-floor level and the draw created by major retailers such as Primark.

For an operator such as Burger King, this combination of high pedestrian visibility, established retail anchors and significant daily movement provides an excellent trading environment.

Secure and Long-Term Investment Profile

The property offers investors the opportunity to acquire a long leasehold interest of 999 years, effectively providing a virtual freehold-style investment structure, together with an established income-producing asset.

The property currently generates £120,000 per annum, providing an attractive initial return of 8.28% against the guide price of £1.45 million.

The lease is documented to expire on 5 December 2033, with no confirmed break clause, providing a defined income stream through the remaining lease term. The absence of a break clause provides additional income certainty for the investor, subject to the usual tenant and lease covenants.

The combination of a nationally recognised occupier, prominent city-centre positioning, strong pedestrian environment, long leasehold ownership and attractive passing yield makes this an investment suited to investors seeking income and long-term asset security.