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Property Information
- 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%
Reference No: 10544
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