Property photos
£1,950,000
(£63.67/sq. ft)
Retail premises for sale
16-26 West Gate, 16-26 West Gate, Mansfield NG1830,625 sq. ft
Local area information
Property location
Nearby amenities
- REAL Alternative Provision School (SEN) 0.2 miles
- Mansfield 0.2 miles
- St Philip Neri With St Bede Catholic Voluntary Academy 0.4 miles
- Mansfield Woodhouse 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Investment
High yielding prime high street retail investment
16-20 West Gate is let to New Look Retailers Ltd for a term expiring 2nd August 2027 at a rent payable in the last financial year of £91,583.66 exclusive
22-24 West Gate is let to Shoe Zone Retail Ltd for a term expiring 10th October 2026 at a rent passing of £55,000 per annum exclusive
26 West Gate is let to Clydesdale Bank Plc t/a Virgin Money for a term expiring 26th June 2025 at a rent passing of £125,000 per annum exclusive
West Gate is the established prime pedestrianised retail pitch of Mansfield town centre
The subject premises are situated opposite Primark and the Four Seasons Shopping Centre
Nearby occupiers include M&S, Primark, wh Smith, Costa Coffee, tui Travel, McDonalds, Holland & Barrett, River Island, F Hinds, Savers and Greggs
Price of £1.95 million which reflects a net initial yield of 13.08% assuming purchaser's costs of 6.52%
High yielding prime high street retail investment
16-20 West Gate is let to New Look Retailers Ltd for a term expiring 2nd August 2027 at a rent payable in the last financial year of £91,583.66 exclusive
22-24 West Gate is let to Shoe Zone Retail Ltd for a term expiring 10th October 2026 at a rent passing of £55,000 per annum exclusive
26 West Gate is let to Clydesdale Bank Plc t/a Virgin Money for a term expiring 26th June 2025 at a rent passing of £125,000 per annum exclusive
West Gate is the established prime pedestrianised retail pitch of Mansfield town centre
The subject premises are situated opposite Primark and the Four Seasons Shopping Centre
Nearby occupiers include M&S, Primark, wh Smith, Costa Coffee, tui Travel, McDonalds, Holland & Barrett, River Island, F Hinds, Savers and Greggs
Price of £1.95 million which reflects a net initial yield of 13.08% assuming purchaser's costs of 6.52%
More information
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