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Stockwell Gate 30,979 SF Retail Building Mansfield NG18 1LE For Sale
INVESTMENT HIGHLIGHTS
- Comprising part of the former Beales Department store, the unit fronts Stockwell Gate and the South Mall within Four Seasons Shopping Centre
- Located within the Four Seasons Shopping Centre and adjacent/opposite Card Factory, Pandora and EE
- Additional, adjacent Freehold premises also available
- Located in Mansfield’s prime retail pitch, the unit provides 26,497 sq ft of accommodation over 2 floors
- Major occupiers represented in the scheme/vicinity include Primark, JD, B&M, Loungers and Superdrug
EXECUTIVE SUMMARY
The property is held under a 999 lease from 1st October 1973 at a passing rent of £1 per annum.
There is a further lease over the service area to Four Seasons Shopping Centre expiring 24th March 2101 at a passing rent of £406.85.
A copy of both leases are available on request.
Offers are invited for the benefit of the long leasehold interest. The property is elected for the purposes of VAT
There is a further lease over the service area to Four Seasons Shopping Centre expiring 24th March 2101 at a passing rent of £406.85.
A copy of both leases are available on request.
Offers are invited for the benefit of the long leasehold interest. The property is elected for the purposes of VAT
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Department Store
Building Size
30,979 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
2 Stories
Building FAR
0.62
Lot Size
1.14 AC
Parking
10 Spaces (0.32 Spaces per 1,000 SF Leased)
Frontage
107’ on Quaker Way
AMENITIES
- Security System
- Signage
- Energy Performance Rating - D
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NEARBY MAJOR RETAILERS
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Stockwell Gate
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