*Guide | £100,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Ground and First Floor Commercial Unit Subject to a Lease Producing £15,000 Per Annum Reflecting a Gross Initial Yield of 15%
The property comprises a ground and first floor commercial unit situated within a shopping centre arranged over ground and first floors.
Tenure
Freehold
Location
The property is situated in Rotherham city centre close to local shops and amenities. Nearby multiples inclidie Home Bargains, Boots and Greggs. The open spaces of Herringthorpe Playing Fields are within easy reach. Transport links are provided by Rotherham Central rail station.
Accommodation
Ground Floor Retail Area G.I.A Approximately 107 sq m (1,154 sq ft) First Floor Retail Area G.I.A Approximately 64 sq m (704 sq ft)
Tenancy
The property is subject to a lease for a term of 5 years commencing 2025 at a rent of £15,000 per annum.
This lot is subject to VAT
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
