1 Bridge Street, Worksop, Nottinghamshire S80 1DS

Lot 10 Freehold Commercial Investment let to JD Sports Fashion plc – Gross Yield 12.1% 6 Week Completion Situation Located in the town's main pedestrianised retail thoroughfare amongst such multiple retailers as B&M Bargains, Iceland, Shoe Zone, Vodafone, Greggs, Specsavers, Halifax and many others. In addition, The Priory Shopping Centre nearby houses a variety of traders including Poundland , Burger King and more. Worksop is located approximately 15 miles east of Sheffield and 23 miles north of Nottingham, enjoying excellent road access to the M1 (Junction 31) via the A57. Property A mid terrace Deep Lofty Ground Floor Shop with Storage/Ancillary at the rear. Accommodation Ground Floor Shop Gross Frontage    22'11” Internal Width      18'11” Shop Depth          61'7” Built Depth           88'8” Area                      Approx. 1,364 sq ft¹ WC ¹Area taken from VOA. Note: The Freeholder has the right to use the passageway to the rear of the property by way of a 999 year lease at a rent of £1,656 p.a. which is fully recovered from JD Sports. The rights demised over the passageway are for making deliveries, disposing of refuse and for escape in case of fire or other emergency - See legal pack. VAT is applicable to this Lot FREEHOLD Tenancy The entire property is let on a full repairing and insuring lease to JD Sports Fashion Plc (having over 400 branches in the UK) (T/O for Y/E 28/01/23 £10.13bn, Pre-Tax Profit £440.9m and Shareholders' Funds £2.12bn) for a term of 3 years from 13th July 2023 (renewal of a previous lease) at a current rent of £17,500 per annum exclusive. Tenant's Break July 2025