JR Capital is pleased to announce the successful conclusion of a rent review at Virgin Health and Fitness, Collingtree Park, Northampton. The review resulted in a 33% increase in rent and significantly enhances the valuation of the asset which still has 10 years remaining on the lease.

Virgin Active has been in occupation since 2013, and Collingtree Park is one of their best performing centres.

The property is generating an attractive cash on cash return of over 10% unleveraged and will continue to be held as a long-term investment.