Non quoting

Retail premises for sale

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Non quoting

Retail premises for sale

Unit 2, 21 Causeway Lane, Matlock, Matlock DE24

5,574 sq. ft

Local area information

Property location

Nearby amenities

  • City of Derby Academy 0 miles
  • Ash Croft Primary Academy 0.3 miles
  • Peartree 1.8 miles
  • Derby 3.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Investment

Fully let – prime commercial retail investment

100% location in strong tourist town

Secure, well let freehold in Matlock Town Centre

Let to Boots UK Limited for a term of five years expiring on 31 December 2028 at a rent of £41,900 pa (erv £47,500 pa).

Tenant’s option to determine as at 31st December 2025, not exercised

Potential to increase the rent materially into January 2029

Offers in excess of £525,000 to show an initial yield of 7.48% reversionary yield of 8.5%

More information

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  1. Zoopla
  2. Commercial for sale
  3. Derbyshire
  4. Derby
  5. Sinfin
  6. Farmhouse Road