The property is brick built and is situated in a terrace, and provides accommodation on basement ground and two upper floors. The ground floor and basement are let to a national bookmaker and the accommodation is neatly fitted out in the tenant’s corporate style. The upper floors are self-contained and provide well-proportioned accommodation, presently occupied by a tanning and beauty salon, which is accessed by a separate front entrance from Bridgegate.
( Agency Pilot Software Ref: 10 )
Location
Rotherham is a major commercial centre within South Yorkshire with a population of approximately 255,000 people. It is located 7 miles north east of Sheffield, 11 miles south west of Doncaster and 13 miles south of Barnsley.
The town has good road communications with junctions 34 and 35 of the M1 being approximately 2 ½ miles to the west, and junction 1 of the M18 motorway approximately 3 miles to the east.
The town has a main line railway station with links to Sheffield and Doncaster which in turn connects to the main electrified East Coast Inter City line.
Doncaster Sheffield airport is located approximately 19 miles to the east.
The property is situated within the town centre of Rotherham in a very good secondary location. The property fronts onto the west side of the pedestrianised Bridgegate, a short distance from the Cascade Centre and All Saints Square as well as the town centre bus station.
Occupiers close by include McDonalds (next door), Co-operative Bank, TUI, Barclays, Post Office, WH Smith, Ladbrokes and Yorkshire Bank, as well as a good variety of local tenants.
Accommodation
The attached schedule outlines the relevant accommodation and tenancy details.
Terms
TENURE - Freehold subject to the terms of the tenancies described in the attached schedule.
PRICE - We are instructed to seek offers in the region of £XXX subject to contract. A purchase at this price will show the buyer a net initial return of 12%. These figures have been calculated using purchasers costs of 4.42%.
VAT - The property is elected for VAT purposes.
ENERGY PERFORMANCE CERTIFICATES - The accommodation has been independently assessed for energy performance as follows:-
Ground Floor / Basement – Band C (51)
First and Second Floors – Band E (110)
Copies of the Energy Performance Certificates are available from the selling agent.
ANTI-MONEY LAUNDERING REGULATIONS - In accordance with Anti-Money Laundering Regulations, evidence of identity and source of funding will be required from the successful purchaser prior to instructing solicitors.
Specification
- Pedestrianised Town Centre location
- Part let to Done Brothers (Cash Betting) Ltd
- Upper floors let with annual RPI linked reviews
- Fully let and producing £XXX pax
- Offers in the region of £XXX 12% net