MADFORD RETAIL PARK CHARLOTTE STREET • CARLISLE • CA2 5BT
WELL SECURED RETAIL WAREHOUSE INVESTMENT OPPORTUNITY LONDON ROAD RETAIL PARK A6 LONDON ROAD
J42 M6 k ST NICHOLAS GATE RETAIL PARK
A69 WARWICK ROAD
INVESTMENT SUMMARY • The scheme is located on the edge of Carlisle city centre, prominently fronting Charlotte Street. BOTCHERGATE • Madford Retail Park provides for a total gross internal floor area of 4,038 sq m (43,460 sq ft), excluding the LIDL Store, 60,960 sq ft (5,663 sq m) inclusive. CARLISLE • 3 retail units - Dunelm, Carpetright and Eden Valley STATION CURROCK Hospice (plus Lidl, which is sold off Long Leasehold). STATION ROAD ROAD RETAIL PARK • A1 – Restricted. • Freehold, with a long leasehold interest to Lidl.
• 143 car parking spaces CARLISLE VICTORIA TOWN CENTRE VIADUCT • Low passing rent of £381,485 per annum (£8.78 psf). • Recently signed reversionary leases and excellent covenants with AWULT of c.11 years. • Recognised retail warehouse location. • Opportunity to drive rents forward at review. • Carlisle benefits from awide catchment area and very limited retail leakage. DENTON • Opportunity to improve tenant mix of Unit C. STREET VIADUCT • Development potential c. 5,000 sq ft adjacent to Dunelm. ESTATE ROAD • We are instructed to seek offers in excess of£4,500,000 (Four Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect aNet Initial Yield of 7.96% after allowing for purchasers costs of 6.57%. CHARLOTTE STREET
l A595 CASTLE WAY MADFORD RETAIL PARK WELL SECURED RETAIL WAREHOUSE INVESTMENT OPPORTUNITY
LONDON ROAD RETAIL PARK A6 LONDON ROAD
J42 M6 k ST NICHOLAS GATE RETAIL PARK
A69 WARWICK ROAD
BOTCHERGATE
CARLISLE STATION CURROCK STATION ROAD ROAD RETAIL PARK
CARLISLE VICTORIA TOWN CENTRE VIADUCT
DENTON STREET VIADUCT ESTATE ROAD
CHARLOTTE STREET l A595 CASTLE WAY A R N