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Aldi & Iceland (Cleveland Gate Retail Park) Guisborough, TS14 7FE

26,041 sq ft Investment

Freehold Property to buy in Guisborough

Prominent, Aldi-Anchored, Discount Food Retail Investment

Key points

  • Guisborough is an affluent town located in North Yorkshire, located at the northern edge of the North York Moors National Park approximately 8 miles south-east of Middlesborough and 40 miles north of York.
  • Situated in an accessible position off Rectory Lane, within the main out of town retailing cluster in Guisborough.
  • Purpose-built, two-unit retail warehouse scheme extending to 26,041 sq ft and including 110 car parking spaces.
  • Freehold, extending to 2.35 acres (0.95 hectares).
  • 100% discount food tenant lineup, in Aldi and Iceland.
  • Secure income stream with a WAULT of c. 4.9 years.
  • Total passing rent of £388,450 pa equating to a low and affordable average rent of £14.92 psf.

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