Matalan, 16 Eastgate, Worksop, S80

Retail warehouse investment located on a large site.

• Single let to Matalan Retail Ltd until 31st January 2027 providing c.5 years unexpired.

• 44,845 sq ft GIA arranged over ground and part first floor.

• Large car park providing 144 surface parking spaces.

• Substantial site of 1.95 acres.

• Open A1 planning consent.

• Passing rent of £355,000 per annum.

• Freehold interest.

The Vendor is seeking offers in excess of £3,030,000 (Three Million and Thirty Thousand Pounds) subject to contract and exclusive of VAT, for the benefit of the freehold interest in the property. This price reflects a net initial yield of 11.00%, after purchaser’s costs of 6.45%.