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Matalan, Bromborough Village Road, Bromborough

Summary

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%.

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For further information please contact:

Ellie Kirkby

T: 020 7317 3790 M: 07764241898
Download VCard Email Ellie

Paul Wilkinson

T: 020 7317 3799 M: 07770 585313
Download VCard Email Paul