For Sale - Under OfferPRIME RETAIL WAREHOUSE INVESTMENT

Valentine Park South, Valentine Road, Tritton Road, Lincoln, LN6 7BH

Description

Valentine Park South is a purpose built 2 unit retail warehouse scheme with 160 car spaces fronting the busy entrance/junction of Tritton Road, Dixon Street and Valentine Road. Valentine Park South (VPS) forms part of the wider and well established Tritton Road retailing warehouse destination lying to the south west of the city centre. VPS is located immediately adjacent to the very popular and successful Valentine Park, which includes an attractive mix of occupiers including Next, TK Maxx, Asda Living, Carphone Warehouse, Dreams, Harveys, DFS, Costa, AHF and American Golf. Units on Valentine Park are attracting rents of above £25 psf.

location

Lincoln has a catchment population of over 500,000 and is one of England’s finest Cathedral cities renowned for the gothic Minster which dominates the skyline of the surrounding area.
Lincoln is the county town of Lincolnshire and has direct rail connections to London and is 16 miles from the A1. The city also enjoys excellent road linkages to the north and south via the A15 and to the west by the A57. 

A city steeped in history, it provides a unique shopping experience which draws from a wide catchment and offers local, national and international brands spread across historic and modern retail locations. In addition to being a regional shopping destination, the city also attracts an estimated 3.7m tourists per annum.

price

Offers in the region of £12,000,000 which gives a net initial yeild of 5.95%.

viewing

To view the premises and for any additionalinformation please contact the sole agents.