We acquired the above asset as part of the wider Christopher Place Shopping Centre transaction in December 2025. Following a targeted off market campaign we were delighted to agree terms and to close the sale of the former Red Lion Hotel In March 2026. The building has a rich history within St Albans and remains a landmark building at the gateway of the towns prime retail and leisure pitch. Leased on an overriding lease to Zizzi with 9 years unexpired, with the upper floors sublet as offices with independent access of Market Place. The investment was sold to a private investor for £2.4m reflecting a NIY of sub 7%.
