Retail for sale - M&S Foodhall, 7 Invention Row, Darlington, DL2 2GZ

<strong>Description</strong><br>The property comprises a modern purpose built foodstore of steel portal frame construction, with brick and blockwork elevations with full height glazing to the front, set under a mono pitched composite roof.<br /> <br /> Internally, the property is fitted out to provide standard M&S foodstore accommodation, comprising the main retail floor and till areas, with service areas to the rear. The store is fitted with standard corporate branding.<br /> <br /> Externally the property benefits from a large level surface car park with 56 car spaces providing a ratio of 1:286 sq ft.<br><br><strong>Specifications</strong><br>The property is fully let to Marks and Spencer plc on a 20 year lease from 19th June 2018 with a tenant break option on 19th June 2033, providing an attractive 12.7 years to expiry and 7.7 years to break. The lease is subject to five yearly OMR reviews, subject to a cap of 2.5% per annum. The next review is due in June 2028.<br /> <br /> Further information available on request.<br><br>