Unit 1, 23 Causeway Lane, Matlock, DE4 3AR

Property Information

• 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

Reference No: 11640