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