Investment Summary

Poundworld, 44-46 Yorkshire Street, Rochdale

  • Freehold discount retail investment located in a busy Manchester suburb
  • Situated on Rochdale's prime pedestrianised retail pitch between the anchor shopping centres
  • Prominent corner block with return elevation
  • 10,115 sq ft
  • Let to Poundworld Retail Limited wef November 2015, expiring 12 November 2025. 
  • Tenant option to determine 13 November 2020
  • Current rebased rent of £95,000 per annum 
  • Offers in the region of £900,000 (STC)
  • Attractive Net Initial Yield of 10%
  • Capital value of £88.97psf
  • Excellent SIPP purchase opportunity
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