27 & 29 High Street Wombwell Barnsley South Yorkshire S73 8HB

27 & 29 High Street
Wombwell
Barnsley
South Yorkshire
S73 8HB

Freehold Retail Investment

  • Two Town Centre Retail Units
  • Located on High Street
  • Nearby Occupiers include Superdrug, Wilko, Ladbrokes and Greggs
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    131
  • Auction
    13th October 2016
  • Rent
    £12,600 per Annum Exclusive
  • Status
    Sold
  • Price
    £103,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of a Major Fund Manager
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Two Town Centre Retail Units
  • Located on High Street
  • Nearby Occupiers include Superdrug, Wilko, Ladbrokes and Greggs
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 131
  • Auction 13th October 2016
  • Rent
  • Status Sold
  • Price £103,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of a Major Fund Manager

Property Information

Location
Miles
4.5 miles south east of Barnsley Town Centre, 12.5 miles north east of Sheffield, 13 miles west of Doncaster
Roads
A633, B6096, A6195
Rail
Wombwell Rail
Air
Leeds-Bradford Airport
Situation

Wombwell is a town located 4.5 miles east of Barnsley Town Centre. The property is located on the High Street, the town's principle retailing thoroughfare. Nearby Occupiers include Superdrug, Wilko, Ladbrokes and Greggs.

Tenure

Freehold.

Location
Miles
4.5 miles south east of Barnsley Town Centre, 12.5 miles north east of Sheffield, 13 miles west of Doncaster
Roads
A633, B6096, A6195
Rail
Wombwell Rail
Air
Leeds-Bradford Airport
Situation

Wombwell is a town located 4.5 miles east of Barnsley Town Centre. The property is located on the High Street, the town's principle retailing thoroughfare. Nearby Occupiers include Superdrug, Wilko, Ladbrokes and Greggs.

Tenure

Freehold.

Description

The property comprises two ground floor retail units with ancillary accommodation at first floor.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises two ground floor retail units with ancillary accommodation at first floor.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Term Tenant Rent p.a.x Reversion
27 Ground
First
Takeaway (A5)
Ancillary
25.20 sq m
15.20 sq m
(271 sq ft)
(163 sq ft)
INDIVIDUAL
t/a Biedronka
European Mini Mart
(1)
5 years from
12/06/2015
£7,500 (2) 11/06/2020
29 Ground
First
Retail
Ancillary
19.20 sq m
15.70 sq m
(206 sq ft)
(168 sq ft)
INDIVIDUAL
t/a
Roots
Barbers (1)
3 years from
31/03/2016 (3)
£5,100 30/03/2019
Totals     75.30 sq m (808 sq ft)     £12,600 (2)  

(1) We understand that the tenant currently uses the first floor accommodation, however this area is not included in their demise as per the lease.
(2) The current rent for unit 27 is £7,250 pa with a fixed rental increase to £7,500 in 12/06/2017. The seller has agreed to adjust the completion monies so that the unit will effectively produce £7,500 p.a.x. from completion of the sale.
(3) The lease provides a tenant option to determine on 30/09/2017.

Property Documents

  • Site Plan
    Updated Date
    30.10.19
    File Size
    49 KB
    View PDF
  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    735 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
Eversheds LLP 1 Callaghan Square
Cardiff
CF10 5BT
029 2046 4347
David Farmer 029 2047 7887davidfarmer@eversheds.com

Useful Links

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

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