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Martin Drive, Burleyfields 6,250 sq ft 100% Let Retail Property Stafford ST16 1GN £2,925,000 (£468/sq ft)
Investment Highlights
- New-build roadside retail development
- Modern ESG-focused specification
- Part of large residential-led masterplan
Executive Summary
The scheme at Martin Drive, Stafford represents a forward funding opportunity for a new-build, multi-let retail and EV charging development within a 1,500-home residential masterplan. The asset is fully pre-let to strong covenants including Sainsbury’s Supermarkets Ltd, Coffee#1 Ltd and Green Turtle Energy Ltd, providing a total income of £173,000 per annum and a WAULT of 14.1 years to break. Leases benefit from CPI-linked and market-based review mechanisms, offering secure and growing income. Offers in excess of £2,925,000 reflect a net initial yield of 5.78%, presenting a resilient, income-secured investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Supermarket
Property Size
6,250 sq ft
Costar Property Class
B
Construction Status
Proposed
Price
£2,925,000
Price per sq ft
£468
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.89
Total Plot Size
0.16 ac
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Martin Drive, Burleyfields
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