6 Week completion
Located in the town's main pedestrianised retail thoroughfare amongst such multiple retailers as Thomas Cook, WH Smith, B&M Bargains, Iceland, Shoe Zone, Vodafone, Game, Ryman, Halifax, Dorothy Perkins and many others. In addition, The Priory Shopping Centre nearby houses a variety of traders including M&S Simply Food, New Look, Poundland, Wilko, Burger King and more.
Worksop is located approximately 15 miles east of Sheffield and 23 miles north of Nottingham, enjoying excellent road access to the M1 (Junction 31) via the A57.
A mid terrace Deep Lofty Ground Floor Shop with Storage/Ancillary at the rear.
Ground Floor Shop
Gross Frontage 22'11"
Internal Width 18'11"
Shop Depth 61'7"
Built Depth 88'8"
Area Approx 1,364 sqft1
1 Area taken from VOA
VAT is applicable to this Lot
The entire property is let on a full repairing and insuring lease to JD Sports Fashion Plc (having over 200 branches) (T/O for Y/E 30/ 01/16 £1.82bn, Pre-Tax Profit £131m and Shareholders' Funds £382m) for a term of 10 years from 13th October 2012 at a current rent of £27,500 per annum exclusive.
Rent Review October 2017
Note 1: The Tenant can no longer operate their October 2017 Break Clause.
Note 2: The Freeholder has the right to use the passageway to the rear of the property by way of a 999 year lease at a rent of £1,656 p.a. which is fully recovered from J D Sports. The rights demised over the passageway are for making deliveries, disposing of refuse and for escape in case of fire or other emergency - See legal pack.