Large mixed-use building with retail income and reversionary office potential.
Approximately 23,279 sq ft across multiple floors and configurations
A substantial, city-centre mixed-use investment opportunity occupying a prominent corner on Pocklingtons Walk and Welford Place. The building extends to around 23,279 sq ft across multiple floors, with a long-standing Tesco Express on the ground floor (20-year lease from 2010, passing rent £61,782.80 pa; rent review due 2025). Newly refurbished upper-floor offices provide large, regular floorplates, an atrium reception, raised access floors and two passenger lifts — ready for immediate occupation or multi-let use.
The property's period façade, grand atrium and industrial-style windows deliver strong retail frontage and attractive office space with good natural light. Location benefits from very high pedestrian flow, excellent mobile signal and fast broadband speeds, supporting retail and modern workspace demand. There is no private outdoor space; urban views and immediate access to transport, shops and leisure amenities suit city-centre occupiers.
Material considerations are clear and should inform bidding. Crime rates in the area are very high, which may affect tenant mix, insurance and security costs. Tenure details are not provided, and the retail lease contains a rent review in 2025; prospective buyers should verify title, occupational leases and service/maintenance obligations. The building suits an investor seeking income and reversion potential or a developer considering conversion subject to planning.
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