• Modern leisure unit extending to 2,906 sq. m. (31,284 sq. ft.).
  • Located on the established Warrior Retail Park, one mile from Hartlepool town centre.
  • Let to Mecca Bingo Limited with a WAULT to expiry of 10.7 years and 7.7 years to break.
  • Guarantee from Rank Group Gaming Division Limited until 28 September 2025.
  • Rent £215,000 per annum reflecting just £6.87 per sq. ft.

Offers sought in excess of £2,375,000 (Two Million Three Hundred and Seventy Five Thousand Pounds) reflecting a net initial yield of 10.39% reducing to 8.51% on 29th September 2022 on the commencement of the reversionary lease, assuming purchaser’s costs of 6.36%.