Property overview

Gateway Retail Park, Cannock, WS11 8AB

Download the Sales Brochure Make an enquiry
Jun 2024

Please find below details modern retail warehouse which we have been instructed to market.

  • Island site in prime location adjacent to M6 Toll and Orbital Retail Park
  • Two detached retail warehouses, two drive thru units, a Greggs food to go pod and 8 high speed EV charging bays
  • Total of 37,822 sq.ft on a site of 5.62 acres
  • Let to TJX UK (TK Maxx), Sofology, Costa, Greggs, Caspian Foods (Burger King) and MFG (EV charging)
  • Rent passing £760,973  per annum
  • Retail element with Open A1 (non food consent)
  • 5 rent reviews in 2025

We are instructed to seek offers in excess of £9,500,000 (Nine Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 7.50%, subject to purchaser’s costs of 6.69%.