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High Yielding Investment/Development Opportunity Let to H&T Pawnbrokers with Vacant Uppers - Development/Conversion Potential (stp) Let at £17,500 per annum
The property comprises a high yielding investment opportunity let to the established High Street covenant of H&T Pawnbrokers. Arranged across ground and first floors, the ground floor is let to Harvey and Thompson Limited on a lease expiring 25/05/2025 and paying £17,500 per annum. We understand that the tenant has provided informal confirmation of their willingness to renew the lease. However no formal proceedings have commenced. The upper parts are currently vacant and benefit from their own separate access at ground floor level. There may be potential for conversion of the upper parts to alternative uses, including residential (subject to obtaining the requisite consents). Bridge Street forms the principal retailing area in Worksop, running from the Priory Shopping Centre in the north to the Market Square in the south. The property occupies a prime pitch on the street with nearby occupiers including Superdrug, Halifax, Greggs and Iceland