Property photos
Just added
£525,000
(£124.08/sq. ft)
Retail premises for sale
Unit 1, 23 Causeway Lane, Matlock, Matlock DE44,231 sq. ft
Local area information
Property location
Nearby amenities
- Matlock 0.2 miles
- Castle View Primary School 0.4 miles
- All Saints CofE Infant School 0.4 miles
- Matlock Bath 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Matlock to find out more about the local area.
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 Superdrug Ltd for a term of 5 years expiring 23/06/2027 at a rent of £34,000 per annum
erv: £40,250 per annum
Potential to increase the rent substantially upon the lease expiry in June 2027
Offers invited at £525,000 to show an initial yield of 6% and a reversionary yield of 7.335% net of purchasing costs
Tenant’s break in June 2025 which was not exercised
Fully let – prime commercial retail investment. 100% location in strong tourist town.
Secure, well let freehold in Matlock Town Centre
Let to Superdrug Ltd for a term of 5 years expiring 23/06/2027 at a rent of £34,000 per annum
erv: £40,250 per annum
Potential to increase the rent substantially upon the lease expiry in June 2027
Offers invited at £525,000 to show an initial yield of 6% and a reversionary yield of 7.335% net of purchasing costs
Tenant’s break in June 2025 which was not exercised
More information
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