Freehold discount retail investment located in a busy Manchester suburb
Situated on Rochdale's prime pedestrianised retail pitch between the anchor shopping centres
Prominent corner block with return elevation
10,115 sq ft
Let to Poundworld Retail Limited wef November 2015, expiring 12 November 2025.
Tenant option to determine 13 November 2020
Current rebased rent of £95,000 per annum
Offers in the region of £900,000 (STC)
Attractive Net Initial Yield of 10%
Capital value of £88.97psf
Excellent SIPP purchase opportunity