4 / 6 Cheapside Barnsley South Yorkshire S70 1RR

  • 4 / 6 Cheapside<br>Barnsley<br>South Yorkshire<br>S70 1RR

4 / 6 Cheapside
Barnsley
South Yorkshire
S70 1RR

Freehold Retail Investment

  • Entirely let to Ernest Jones Limited
  • Pedestrianised Town Centre Location
  • September 2015 break option not excercised
  • Nearby occupiers include Marks & Spencer, Topshop/Topman, Superdrug, New Look, Poundland and Costa
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    47
  • Auction
    11th February 2016
  • Rent
    £50,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £500,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers
Important Update
  • Expand
  • Photos
  • Map

Freehold Retail Investment

  • Entirely let to Ernest Jones Limited
  • Pedestrianised Town Centre Location
  • September 2015 break option not excercised
  • Nearby occupiers include Marks & Spencer, Topshop/Topman, Superdrug, New Look, Poundland and Costa
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 47
  • Auction 11th February 2016
  • Rent £50,000 per Annum Exclusive
  • Status Sold
  • Price £500,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers

Property Information

Location
Miles
14 miles north of Sheffield, 20 miles south of Leeds, 35 miles east of Manchester
Roads
A268, A635, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Robin Hood Doncaster Sheffield, Leeds Bradford Airport
Situation

The property is prominently situated on the south side of pedestrianised Cheapside, at its junction with Queen Street in the heart of the town centre. Nearby occupiers include Marks & Spencer, Topshop/Topman, Superdrug, New Look, Poundland and Costa.

Tenure

Freehold.

Location
Miles
14 miles north of Sheffield, 20 miles south of Leeds, 35 miles east of Manchester
Roads
A268, A635, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Robin Hood Doncaster Sheffield, Leeds Bradford Airport
Situation

The property is prominently situated on the south side of pedestrianised Cheapside, at its junction with Queen Street in the heart of the town centre. Nearby occupiers include Marks & Spencer, Topshop/Topman, Superdrug, New Look, Poundland and Costa.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors.

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors.

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground
First
Second
Retail
Ancillary
Ancillary
63.00 sq m
47.10 sq m
35.80 sq m
63.00 sq m
47.10 sq m
35.80 sq m
ERNEST JONES
LIMITED (1)
10 years from 29/09/2010
on a full repairing and
insuring lease
£50,000 28/09/2015
(28/09/2020)
Totals  
145.90 sq m
(1,570 sq ft)
    £50,000

(1) For the year ending 31/01/2015, Ernest Jones Limited reported a turnover of £206,652,000, pre-tax profits of £9,044,000 and a total net worth of £58,808,000. (Source: Experian Group 11/01/2016)

Property Documents

  • Site Plan
    Updated Date
    30.10.19
    File Size
    113 KB
    View PDF
  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    720 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Adam Reed 0113 283 2500adam.reed@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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