High-visibility retail investment with established national tenant.
Double-fronted prominent position on King Street
A substantial ground-floor retail unit occupying a prominent, double-fronted position on Cottingham’s busy King Street. The unit extends to approximately 1,609 sq ft and includes generous sales space, ancillary storage, office accommodation and staff facilities — well suited to mainstream retail use and continuing display-led trading.
The property is offered as a long leasehold retail investment on a lease to Boots UK Ltd, with a passing rent of £23,675 per annum and the lease term starting 1 November 2023. Note the tenant holds a break option on 31 October 2026; prospective purchasers should review the lease and verify tenure and any service charge or repair obligations.
Location strengths include high street visibility, excellent pedestrian access, fast broadband and strong local amenities nearby. The building is mid‑century brick and concrete construction with robust street presence. There is no identified flood risk, but local crime levels are above average — factor this into any operational or insurance planning.
This lot suits an income-driven buyer seeking an active retail let in a well-known town centre. The prominent frontage and sizable internal area give clear re-letting or alternative-use potential, but the break option, tenure verification and local crime statistics are material considerations for underwriting and future asset management.
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