Retail Warehouse Investment Opportunity
- Bromborough is strategically located on the Wirral Peninsular, between Liverpool and Chester.
- Excellent visibility from the busy A41 New Chester Road, close to The Croft Retail & Leisure Park which attracts 7 million visitors annually.
- Standalone unit of 29,487 sq ft let to the 5A1 D&B rated covenant of Matalan Retail Ltd.
- £450,851 per annum rent (£15.05 per sq ft).
- In excess of 8 years unexpired.
- Open A1 non-food planning consent.
Offers are sought in excess of £5,640,000 (Five Million, Six Hundred and Forty Thousand Pounds), subject to contract and exclusive of VAT. This equates to an attractive net initial yield of 7.50%, based on purchaser’s costs of 6.61%.