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Matalan

Leicester Street, Northwich

Sector

Retail Warehouse

Initial Yield

6.35%

Price

£7,650,000

Sale/Purchase

Purchase

development image

A retail warehouse unit extending to 52,713 sq ft and an additional, integral retail unit extending to 1,686 sq ft.

The majority of the property is let on an FRI lease to Matalan Retail Ltd at a passing rent of £500,000 pa, equating to £9.80 per sq ft, until November 2028.

Other deals in this sector:

2 & 16 Evelyn Street, Deptford

The Fort Shopping Park, Birmingham

Tyseley Park, Birmingham

Imperial Park, Newport

Chapel Down Plc

Units A-D, 101 Blackhorse Lane and One Priestley Way

Albion Portfolio

Feltham Corporate Centre

Martinbridge Trade Park

Volvo & Seat, Grange Lane

Unit B, The Sunbeam Centre

Broadoak Business Park

Budbrooke Industrial Estate

Foundry Lane Industrial Estate

Harforde Court, Foxholes Business Park

Watford Business Park, Watford

Swinderby Industrial Estate

Nexus 122

Topps Tiles Plc - Sale & Leaseback

Horcott Industrial Estate

Contact Us

Cortex Partners LLP (OC377642)

Registered Office: 14 Brook’s Mews, London W1K 4DG

Telephone: 020 7534 0990

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