MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield

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MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
MATALAN &
SPORTS DIRECT
HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU

 WELL SECURED RETAIL WAREHOUSE INVESTMENT
MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
2    Matalan & Sports Direct                                                                                                                                                      Matalan & Sports Direct   3

INVESTMENT HIGHLIGHTS
                                                                                                                                            Well let modern retail warehouse
•   Longton is a large district forming part of the City of Stoke-      •    he scheme is let to leading retailers which are relevant
                                                                             T
     on-Trent with the centre situated 2.6 miles north-west.                 and rightsized for the catchment with the surrounding          scheme to 5A1 covenants which
•   It has excellent road and rail communications with the
                                                                             retail provision having a limited fashion offer.
                                                                                                                                            are rightsized and relevant for the
     A50 dual carriageway south of the town linking it to
     surrounding major City’s as well as Junction 15 of the M6.
                                                                         •    ustomer car parking is situated to the front and side
                                                                             C
                                                                             of the units with a total of 168 spaces giving a ratio of
                                                                                                                                            retailing catchment
                                                                             1:258 space per sq ft.
•   143,127 people live within a 10 minute drive time increasing
    to over 234,000 people within 15 minutes.                            •    otal scheme income of £563,000 per annum is secured
                                                                             T
                                                                             on 5A1 covenants with a WAULT of 11 years from purchase.
•   Highly accessible location adjacent to the A50 dual                     Sports Direct’s rent benefits from an RPI linked rent review
     carriageway and opposite the catchment’s largest foodstore              C&C of 1-3% at the end of Year 5.
     provision, a 108,000 sq ft Tesco Extra.
                                                                         •   
                                                                             The units benefit from Open A1 non-food planning consent.
•   The property comprises a modern purpose built scheme
     totalling 43,378 sq ft GIA across two units which are               •   F
                                                                              reehold site extending to 2.93 acres.
     occupied by Matalan and Sports Direct, both of which
     benefit from mezzanine accommodation.

We are instructed to seek offers in excess of

£8,440,000
(Eight Million, Four Hundred and Forty Four Thousand Pounds)
subject to contract and exclusive of VAT. An acquisition at this level
reflects an Net Initial Yield of 6.25% off the Day 1 income rising
to an estimated 6.45% in September 2023 assuming 2.5% pa RPI
indexation on Sports Direct. Purchaser’s costs of 6.68% assumed.
MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
4    Matalan & Sports Direct                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Matalan & Sports Direct                   5

                                                                                                                                                                                                               SHEFFIELD
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Winkhill
                                                                                                                                               A34                                                                                                                                                                                                                                                          Red Street
                                                                                                                                                                A6
                                                                                                                       A560                                                                                                                                                                                                          Balterley Heath                                                                                                                                       Milton
                                                                              Runcorn            M56
                                                                  M53                                                                                  A523                                                                                                                                                                                                                                                                                                         Smallthome
                                                                                                    A49                                                                                                                                                                                                                                                                                                                                              Burslem
                                                                                    M56                                                                                         A6                                                                                                                                                                                                                                                                                    Sney Green

STRATEGIC                                                                                                                                                                                                                                                                                 CATCHMENT &
                                                                                                                                  A537                                                                A623                                                                                                                                                                                                                                                                                                                                 Wetley Rocks
                                                                                                                                                               A537                                                      Chesterfield                                           Lincoln                                                                                     HALMER END                                         Porthill
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Abbey Hulton
                                                                                                         A556                             A34                                              A6                        A619                                                                                                                     Betley
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          A520
                                                                                      A54        A49
                                                                                                                          M6                    A536                                                                                                                                                                                                                                                        Lymedale Business Park                       STOKE-                    A5009

LOCATION                                                                                                                                                                                                                                                                                  DEMOGRAPHIC
                                                                          Chester                               A54                A54                                                                                                                                                                                                                                                                                                                  ON-TRENT                                                             Wernington
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Fraghall
                                                                                     A51                                                                                                                                                                                                                                                                                                                                               A527                                          Bucknall
                                                                                                                                                         A52                                                                                      Mansfield                                                                                                                                                              Cross Heath
                                                                                                                                                                                                                                                                                                                                                                                                                                                                Hanley                                     Ash Bank                                                                                       Whiston
                                                                                                                                                                                                                                                                                                                                            Wrinehill                                                                                         Etruria                                                                                                                            Kingsley
                                                                                                                                                                       A53                                          A6

                                                                                                                                                                                                                                                                                          PROFILE
                                                                                                                A530                                                                        A515                                   A61
                                                                                                   A51                     A534
                                                                                                                                         A34
                                                                                                           Crewe                                                                                                                                                                                                                                                                                                   NEWCASTLE-                                                                                                                                    Kingsley Moor
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Kingsley Holt

                                                                                                  A534                                                                                                                                          M1                                                                                                                     Madeley Heath              A525             UNDER-LYME
                                                                                                                    A500                 STOKE-ON-TRENT
•   Longton is a thriving district forming part of the larger                             A49
                                                                                                                                                 A50                             A523                                                                                                                                                                        Madeley
                                                                                                                                                                                                                                                                                                                                                                                          Keele
                                                                                                                                                                                                                                  A38                                                                                                                                                                                                                                  A5007                                        Weston Cayney
                                                                                                                            Newcastle-
     City of Stoke-on-Trent catchment which comprises                                                                      under-Lyme
                                                                                                                                                                      A52
                                                                                                                                                                                                                             A6                                                                                                                                            M6                                                            Parklands                               Fenton

     of five other districts being Burslem, Fenton, Hanley,                                             A525
                                                                                                                                           LONGTON                                                            A52
                                                                                                                                                                                                                                                            A6514                         •    ccording to CACI Limited an estimated
                                                                                                                                                                                                                                                                                              A                                                                                                                                           Trent Vale

                                                                                                                                                                                                                                                      NOTTINGHAM
                                                                                                                                                                                                                                                                                                                                                                                                                                                                         LONGTON
                                                                                                                           A51                                                                 A515                                                                                                                                                                                                                             Clayton                                                                                                                                          Cheadle
     Tunstall and Newcastle-under-Lyme.                                                                                                          A34
                                                                                                                                                                        A50
                                                                                                                                                                                                                                                                                              143,127 people live within a 10 minute      Onneley
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   A521

                                                                 A5
                                                                                                                    A53                                A520                                                          DERBY               A52
                                                                                                                                                                                                                                                            A52
                                                                                                                                                                                                                                                                                              drive-time increasing to over 234,000
                                                                                                  A41
•   Traditionally known as the ‘Potteries’, the urban area                                                                                                                              A50                                                            A453                                                                                                                                                                  M6                Hanford                                      Dresden
                                                                                                                                                                                                                                                                                              people within a 15 minute drive-time of                                                                            A5182      Juction 15                                             A5035                              Meir                       Forsbrook
     has a total population of over 372,000 people.                                                                                                    A34
                                                                                                                                                                                                       A511
                                                                                                                                                                                                                             A50
                                                                                                                                                                                                                                                                                                                                                                                                         Acton               Hanchurch                                                                  Lightwood
                                                                                           A49
                                                                                                                                                         Stafford                                                                               M1                                            the subject property.                                                                                                                                       Trentham
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Hem Heath

                                                                                                                                                                                                      Burton upon Trent
•   Longton is located 2.6 miles and 5.4 miles south-east                                               A442                                                         A51
                                                                                                                                                                                           A515
                                                                                                                                                                                                                                                                                                                                      Weymouth                                                                                                                                                               Meir Heath
                                                                                                                                                     M6                                                                                                                                                                                                                   Baldwins Gate
     of Stoke-on-Trent and Newcastle respectively and                                      A53                                    A518
                                                                                                                                                                                                                                                                                          •    n increase of 1.6% is estimated by 2022
                                                                                                                                                                                                                                                                                              A                                                                                                                                                                                                                                                          Drayton in the Moors

                                                                                                                                                                                                               A444                                                                                                                                                            Hill Choriton                                                             A34
     33 miles north-west of Derby.                                                                                     A518                                    A34              A51                                                      A511
                                                                                                                                                                                                                                                                                              for the 15 minute drive-time catchment                Sidway                                                                                                                                             Rough Close                                                 A50

                                                                                                                                                                                                A38                         A42                                                                                                                                A51
                                                                        Shrewsbury          A5
                                                                                                                                  A41
                                                                                                                                                     Cannock                                                                                                                                  and 3.2% by 2027.                                                                                Stableford
                                                                                                                                                                                                                                                                                                                                                                                                                               Beech                    Tittensor
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Tean
                                                                                                                                                               A5                                                                                     A50
                                                                                                          Telford                                      A449                                Tamworth                                                                                                                                                                                                                                                                                                                                                                                                Checkley
                                                                                                                                         M54                                M6 TOLL
                                                                                                                                                                                                              M42                                           LEICESTER                                                                                                                                                                                                                                                                                                                                               Fole
                                                                                                                                                                                                A5

    Less than 5 miles to Junction 15                                                                                                                                                                                        A444                                                                                                                                                                                               Sandyford
                                                                                                                                                                Walsall
                                                                                                                                                                              Sutton                                                                                                                                                                                                                                                        M6
                                                                                                                              WOLVERHAMPTON                                  Coldfield                                                                                                                                                                                                                                                                                              Outton Heath

    of the M6 making Longton                                                                                                                         W Bromwich
                                                                                                                                                                                M6
                                                                                                                                                                                                               Nuneaton
                                                                                                                                                                                                                                  Hinckley
                                                                                                                                                                                                                                        A5
                                                                                                                                                                                                                                                M69         M1                                                                                                                                                                 Swynnerton
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Meaford
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      OUTTON

    easily accessible to the national
                                                                                                                                                                                                                                                                                                                                                                                                            Cotes Heath
                                                                                                                                                                                                                            A444
                                                                                                                                                                                                                                                                        Corby
                                                                                                                                                                       BIRMINGHAM
    motorway network                                                                                                                                                                                                                      M6
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Stone

                                                                                                                                                                                                  M42
                                                                                                                          Kidderminster                                         Solihull                        COVENTRY                                                                                     10 MINUTE
                                                                                                                                                                                                                                                Rugby
                                                                                                                                                                                         A34
                                                                                                                                                                                                                                                            A5                                               DRIVE-TIME

             ROAD
             Longton has excellent road communications
                                                                             RAIL
                                                                             Longton Railway Station provides an hourly
                                                                                                                                                                                                              BUS
                                                                                                                                                                                                              The Longton Interchange bus station situated
                                                                                                                                                                                                                                                                                                             143,127
                                                                                                                                                                                                                                                                                                             people
             with the A50 dual carriageway south of the                      service to Stoke-on-Trent with a journey time                                                                                    in the heart of the town centre adjacent to
             town leading east to Derby, Nottingham and                      of 6 minutes. Stoke-on-Trent has onward                                                                                          Tesco Extra provides a regular bus services
             Uttoxter; and west towards Stoke-on-Trent,                      connections to Birmingham New Street and                                                                                         linking Longton to the rest of Stoke-on-Trent.
                                                                                                                                                                                                                                                                                                             15 MINUTE
             Newcastle-under-Lyme and the A500 which                         London Euston with 3 trains per hour with the                                                                                                                                                                                   DRIVE-TIME
             links into Junction 15 of the M6.                               fastest journey times of 46 minutes and
                                                                             1 hour and 24 minutes respectively.                                                                                                                                                                                             234,058
                                                                                                                                                                                                                                                                                                             people
MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
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                                                                                                                                                                                                                                                                                                                                                                                                                           DESCRIPTION
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                                                                                                                                                Longton Rail Station                                                                                                      St
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                                                                                                                                                                                                                                                                                                                                                                                                                           The property is a modern purpose built two unit retail

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                                                                                                                                                                                                                                                                                                                                                                                                                           warehouse scheme totaling 43,378 sq ft GIA which

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                                                                                                                                                                                                                                                                                                                                                                                                                           It comprises of steel portal frame construction with brick,

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         RETAILING                                                                                                                                                                                                                                                                                                                                                                                                         panel elevations and partially glazed frontages. Both
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                                                                                                                                                                                                                                                                                                                                                                                                                           units have external canopies overhanging the glazed
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                                                                                                                                                                                                                     LONGTON

         PROVISION

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                                                                                                                                                                                                                                                                                                                                                               et                                                          entrance points.
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            er                                                                                                                                                                                              rt L                                                                                                                                                                                                           Unit 1 is let to Matalan totaling 34,975 sq ft and Unit 2 to
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                   ve                                                                                                                                                                                                                                                                                                                                                                                                      Sports Direct totaling 8,403 sq ft. Internally both units
                                                                                                                           SPORTS DIRECT

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                                                                                                                                                                                                                                                                                                                                                                                                                           are fitted out to each retailer’s standard specification and

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         The subject property occupies a highly accessible

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         location with the A50 dual carriageway adjacent                                                                                                                 Rd
                                                                                                                                                                                                                                                                                                                                                                                                                           benefit from mezzanine accommodation. The Sports Direct
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         and slip roads less than a minutes drive to both the                                                        A50                                            co                                                                                                                                                                                                                                                     mezzanine is used for both trading and ancillary purposes.
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                                                         Grosvenor

         north and south.                                                                                                                 Heathcote Rd                                                                                             m                                                                                                                                                                       On site customer car parking is situated to the front and

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                                                                                                                                                                      dS                                                                                                                                                                                                                                                   side of the units with a total of 168 spaces providing

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         It forms part of Longton’s principal retailing area to the                                                                                                     t                                                                                   n

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         south of the town centre, rear of Longton Exchange                                                                                                                                                                                                                                                                                                                                                                a ratio of 1:258 space per sq ft. The car park is subject to

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         shopping centre.                   ote Rd                                                                                                                                                                                                                                                                                                                                                                         Pay & Display operated and operated by Smart Parking.
                                                                                                                                                                                A5007
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         Adjacent lies a 108,000 sq ft Tesco Extra with Petrol                or                                                                                                                                                                                                                                                                                                                                           Servicing of the property is via a separate side road to
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         Filling Station the largest foodstore provision within the                    io
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         catchment along with a 10,678 sq ft Next, 9,640 sq ft                                                                                                                                                                                                                                                          R

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                                                                                                                                                                                                                                                                                                                                                                                                                           TENURE
         Argos and 3,190 sq ft Pizza Hut restaurant. CTo     re the rearee

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         of the property lies a 10,000 sq ft Farmfoods
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         19,900 sq ft Lidl.
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          oWithinless than half a mile to the north-west of the                                                                                                                                                                                                                                                                                                                                                            Freehold site extending to approximately 2.93 acres
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                                                                                                                                                                                                                                                                                                                                                                                                                           (1.19 hectares).

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         scheme lies Phoenix Retail Park comprising of five
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         retail warehouse units totaling 54,100 sq ft along with                                                                                                                                                              RA

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                                                                                                                                                                                                                                                                                                                                                                                                                           PLANNING
         a 3,550 sq ft McDonald’s drive-thru and Marston’s pub.

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         Tenants on the park include TK Maxx, Currys/PC World,

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         Smyths Toys and Pets at Home.                                                                                              rR                                                                   St            A50                                          nn

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         Other national retailers within the immediate vicinity                                                                                                          w Ro
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                                                                                                                                                                                                                                                                                                                                                                                                                           The property benefits from an Open A1 (non-food)
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         include; Home Bargains, Wilko and B&M.                                                                                                                                                                                                                                                                                                                                                                            planning consent.

                                                                                                                                                                                                                                                                                                                                                                                            For indicative purposes only
MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
8        Matalan & Sports Direct                                                                                                                                                                                                     Matalan & Sports Direct   9

TENANCIES
The property is let to Matalan and Sports Direct in accordance with the
following tenancy schedule, producing a total income of £563,000 pa.

                                    GIA                 Mez.                             Term                          Next Rent         Passing Rent            Rent
    Unit           Tenant          (sq ft)             (sq ft)            Lease Start   (years)   Lease Expiry          Review              (£ pa)              (£ psf)

     1         Matalan Retail      34,975              4,559              13/12/2004     25.0     12/12/2029          13/12/2019           £424,350               £12.13
                 Limited

     2       Sportsdirect.com        8,403             6,317         From Completion     10.0        2028                2023              £138,650              £16.50
               Retail Limited

                                   43,378                                                                                                  £563,000

                                                                                                  From completion of the sale Unit 2 is to be let to Sportsdirect.com Retail
                                                                                                  Limited on a 10 year term at an initial rent passing of £138,650 per annum
                                                                                                  (£16.50 per sq ft) subject to a rent review at the end of Year 5 to the
                                                                                                                                                                                                  A50 DUAL CARRIAGEW                      PHOENIX RETAIL PARK
                                                                                                  higher of Open Market Value or RPI compounded subject to C&C of 1-3%.                                             AY
                                                                                                  Assuming a minimum of 2.5% pa RPI indexation the rent per annum will
                                                                                                  reach £156,870 (£18.67 psf) at the 2023 review.

                                                                                                  Based on the above, the property has a weighted average unexpired lease
                                                                                                  term of 11 years.

                                                                                                        The property comprises a
                                                                                                                                                                               LONGTON EXCHANGE
                                                                                                        modern purpose built scheme                                                                          LONGTON TRAIN STATION
                                                                                                        totalling 43,378 sq ft GIA across
                                                                                                        two units which are occupied
                                                                                                        by Matalan and Sports Direct
MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
10   Matalan & Sports Direct                                                                                                                                                                                                                     Matalan & Sports Direct   11

COVENANT SUMMARY                                                                                                                SURVEYS                                          PROPOSAL
                                                                                                                                A Phase 1 Environmental report has been
                                                                                                                                carried out by RPS dated September 2018.         We are instructed to seek offers in excess of
                                                                                                                                A copy is available on request.

Matalan was founded in 1985 and is one of the leading
fashion and homeware retailers in the UK. The company
trades from 227 stores throughout the UK.

In July 2018 Matalan released strong results for the weeks
ending May 26, as total revenues grew 5% to £265.9m and
                                                               Sports Direct is today the UK’s largest sporting goods
                                                               retailer, and operates a diversified portfolio of sports,
                                                               fitness, fashion and lifestyle facias and brands.

                                                               They operate approximately 700 stores across the UK and
                                                               continental Europe. Preliminary results were announced in
                                                                                                                                EPCs
                                                                                                                                Unit 1 has an EPC rating of D (77) and Unit 2
                                                                                                                                of C (56). Copies are available on request.
                                                                                                                                                                                 £8,440,000
                                                                                                                                                                                 (Eight Million, Four Hundred and Forty Four Thousand Pounds)
online sales rose by 39%. EBITDA was up 11% to £24.8m.         July 2018 with Group revenue up by 3.5%                                                                           subject to contract and exclusive of VAT. An acquisition at this level
Matalan Retail Limited (02103564) has a Dun & Bradstreet       Sportsdirect.com Retail Limited (03406347) has a Dun &
                                                                                                                                                                                 reflects an Net Initial Yield of 6.25% off the Day 1 income rising
rating of 5A1 with a ‘minimum risk of business failure’.
The table below sets out recent account information:
                                                               Bradstreet rating of 5A1 with a ‘minimum risk of business
                                                               failure’. The table below sets out recent account information:
                                                                                                                                VAT                                              to an estimated 6.45% in September 2023 assuming 2.5% pa RPI
                                                                                                                                                                                 indexation on Sports Direct. Purchaser’s costs of 6.68% assumed.
                                                                                                                                We understand the property has been
Year                 Turnover    Pre Tax Profit    Net Worth   Year                Turnover      Pre Tax Profit    Net Worth    elected for VAT and it is anticipated that the
to Date               (000’s)       (000’s)         (000’s)    to Date              (000’s)         (000’s)         (000’s)     transaction will be treated as a transfer of a
24/02/2018         £1,062,500       £29,800         £252,600   30/04/2017         £2,220,022       £177,097        £1,273,500   going concern.

25/02/2017          £1,036,100      £10,300         £317,900   24/04/2016         £2,063,255       £302,501        £1,201,706

27/02/2016         £1,060,500     -£20,300          £317,800   26/04/2015         £2,074,126       £262,929          £872,400

DUN & BRADSTREET RATING                                        DUN & BRADSTREET RATING

5A1 WITH A ‘MINIMUM RISK                                       5A1 WITH A ‘MINIMUM RISK
OF BUSINESS FAILURE’                                           OF BUSINESS FAILURE’
MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
CONTACTS
For further information please contact:

Cushman & Wakefield                     Tamsin Layton
43/45 Portman Square
London, W1H 6LY                         T: 020 7152 5158
                                        M: 07903 054 706
                                        E: tamsin.layton@cushwake.com

                                        Graham Collison
                                        T: 020 7152 5140
                                        M: 07770 921 388
                                        E: graham.collison@cushwake.com

                                        Patrick Knapman
                                        T: 020 7152 5019
                                        M: 07768 825 666
                                        E: patrick.knapman@cushwake.com

Disclaimer

Cushman & Wakefield, as agent for the vendors or lessors of this property, gives notice that: (i) These
particulars are set out as a general outline for guidance only. They do not form any part of an offer or
Acontract and must not be relied upon as statements or representations of fact; (ii) All descriptions,
dimensions, photographs, references to condition and necessary permissions for use and occupation
and other details are given in good faith and are believed to be correct, but intending purchasers or
lessees should not rely on them as statements or representations of fact and must satisfy themselves as
to their correctness; (iii) No person acting on behalf of Cushman & Wakefield has any authority to make
or give any representation or warranty whatsoever in relation to this property. Cushman & Wakefield
accepts no responsibility for any statement made in these particulars; (iv) Any areas, measurements or
distances given are approximate. Unless otherwise stated, all purchase prices, any rents or outgoings
are correct at the date of publication, and unless otherwise stated, are quoted exclusive of VAT; (v)
Images may be computer generated. Photographs show certain parts of this property as they appeared
at the time they were taken; and (vi) Any descriptions given of this property cannot be taken to imply
this property is in good repair, has all necessary consents, is free of contamination, or that the services
and facilities are in working order. Intending purchasers or lessees are advised to carry out their own
investigations. September 2018.

JN 16396.001 / Matalan & Sports Direct
MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield MATALAN & SPORTS DIRECT - WELL SECURED RETAIL WAREHOUSE INVESTMENT HEATHCOTE ROAD, LONGTON, STOKE-ON-TRENT, ST3 2NU - Cushman & Wakefield
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