Freehold Property to buy in Sutton-In-Ashfield

Key points

• Sutton-in-Ashfield is a large market town in Nottinghamshire, situated approximately 4 miles west of Mansfield, with a catchment population of 218,950 people within a 15-minute drive time.
• Prominently situated on Station Road in close proximity to the A38, sitting close to Lidl, Aldi, Matalan, Pets at Home, The Range and Home Bargains.
• Purpose built retail warehouse comprising 25,565 sq ft GIA with 81 car parking spaces (original configuration 100 spaces).
• Securely let to the excellent covenant of Wickes Building Supplies Limited with an unexpired term of 12.9 years.
• Total net income of £230,000 pa, equating to a very low rent of £9.00 psf, with an outstanding rent review (09/26) capped at £266,639 pa / £10.43 psf.
• Freehold. 2.11 acre site (27% site coverage).
• Adjoining development site available via separate negotiation.
• Strong trading profile.