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Guide price £130,000($253,923)
17 College WalkRotherham
- New
- Sole agency
- Freehold
Key features
- To be offered on Tuesday 26 November
- Arranged over 1,517 sq ft
- A thoroughfare for the Transport Interchange car park & town centre
- VAT is applicable
- Freehold Shop Investment
- Let on a lease expiring 2038(1)
- Well located in the town centre
- Investment let at £13,500 p.a. (10.38% GIY on Guide Price)
Freehold Shop Investment situated in a throughfare within Rotherham town centre and let on a lease until 2038 at £13,500 p.a. (10.38% GIY on Guide Price)
About this property
The property is arranged over ground and first floor to provide a ground floor shop unit with ancillary accommodation above. To the rear is shared service access
Local information
- Rotherham is one of the major commercial center's of South Yorkshire, located about 6 miles north-east of Sheffield, 12 miles south-west of Doncaster and 29 miles south of Leeds.
- The property is situated in the town centre and lies inside the College Walk arcade
- The Rotherham Transport Interchange is situated to the rear of the property and College Walk serves as a thoroughfare
- Within the interchange is a 430 space multi-storey car park
- Transport
- Road - close to the M1 Motorway (junction 33 and 34) and M18 Motorway (junction 1)
- Rail - Rotherham Central Station is close by and provides regular train services to Sheffield and Doncaster
- Bus - The Rotherham Transport Interchange is located to the rear of the property and some 1,300 buses depart from it every day.
Additional information
- Ground Floor - 93.03 sq m (1,001 sq ft)
- First Floor - 47.9 sq m (516 sq ft)
- Total - 140.93 sq m (1,517 sq ft)
- Let to T A Phan on a full repairing and insuring(FRI) lease for a term of 15 years from January 2023 at £13,500 per annum.
- (1)The lease provides for a tenant break option at the 6th anniversary and 5 yearly rent reviews