Secure Long-Income Retail Warehouse Opportunity with +11 Year WAULT and Guaranteed Uplifts.

Freehold Fully let to JD Gyms and British Heart Foundation 100% of income is rated as lower than average risk of failure by D&B 46% of the income benefits from fixed uplifts The unit extends to 46,428 sq ft across ground and first floor Highly attractive WAULT of 11.4 years to expiry with no breaks Total rent today of £278,008 per annum with very low average rents of £5.99 psf Situated in retail cluster with complementary retailers including Lidl, B&M, The Food Warehouse, McDonald’s Drive Thru, Costa Coffee Well maintained scheme located off a roundabout with good accessibility No retail warehouse vacancy in Washington Very low capital value of £78 per sq ft, significantly below replacement cost Strong trade reported The land to the south of the car park benefits from an AFL in place to Soul Padel, subject to planning. More information available on request We are quoting £3.600M which reflects a NIY of 7.25%