9-9a Bridge Street, Worksop
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- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- High Yielding Retail Investment
- Two Retail Units and Upper Parts
- Let to Specsavers and Timpson
- Specsavers Recently Renewed Five Year Lease Expiring 14.02.2030
- Timpson Let on a Lease Expiring 03.08.2026
- Asset Management Potential Via Renewal
- Both Long Standing Tenants of 25+ Years
- Prominent Corner Pitch on Pedestrianised Street
- Investment Let at £20,750 p.a. (14.82% GIY on Guide Price)
Description
Arranged as two retail units across ground, first and second floors, the property is fully let to Specsavers and Timpson, both long standing tenants of 25+ years, producing a combined rent of £20,750 per annum.
No. 9 is let to Specsavers on a recently renewed five year lease expiring 14.02.2030 and paying £13,500 per annum.
No. 9A is let to Timpson on a five year lease expiring 03.08.2026 and paying £7,250 per annum. We consider the property therefore offers asset management potential via renewal of the lease and improvement of rent.
The property occupies a prominent corner pitch fronting the pedestrianised Bridge Street, the principal retail amenity in Worksop. Nearby occupiers include Greggs, Boots, Holland & Barrett and a number of local occupiers.
Brochures
9-9a Bridge Street, Worksop
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worksop Station0.5 miles
- Shireoaks Station2.3 miles
- Whitwell Station3.6 miles
Notes
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