The property is situated on the eastern side of the pedestrianised College Street, close to the eastern corner of All Saints Square, within Rotherham's prime retailing area. Nearby occupiers include WHSmith, B&M Bargains, Specsavers and Greggs, along with branches of Nationwide Building Society and HSBC bank. The Cascades Shopping Centre is close by, with retailers including Superdrug, Heron Foods and Argos.
Tenure
Freehold.
Location
Miles
8 miles north-east of Sheffield, 33 miles south of Leeds
The property is situated on the eastern side of the pedestrianised College Street, close to the eastern corner of All Saints Square, within Rotherham's prime retailing area. Nearby occupiers include WHSmith, B&M Bargains, Specsavers and Greggs, along with branches of Nationwide Building Society and HSBC bank. The Cascades Shopping Centre is close by, with retailers including Superdrug, Heron Foods and Argos.
Tenure
Freehold.
Description
The property comprises a substantial and well configured ground floor shop with ancillary accommodation on the part first and part second floors. In addition, part of the first and second and the third floor are currently vacant and offer potential to convert to residential use, subject to the necessary consents.
VAT
VAT is applicable to this lot.
Completion Period
Completion - 25th January 2018
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial and well configured ground floor shop with ancillary accommodation on the part first and part second floors. In addition, part of the first and second and the third floor are currently vacant and offer potential to convert to residential use, subject to the necessary consents.
VAT
VAT is applicable to this lot.
Completion Period
Completion - 25th January 2018
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
Reversion
Ground First Second Third
Retail/Ancillary Ancillary Ancillary Plant
1,300.80 sq m 1,369.40 sq m 302.40 sq m 56.10 sq m
(1) Operating under the Poundworld and Bargain Buys brand names, Poundworld Retail are a leading value variety retail business, with over 350 stores and 7,000 employees across the United Kingdom. For the year ending 31st March 2016, Poundworld Retail Limited reported a turnover of £462,689,000, pre-tax profits of £-5,405,000 and a total net worth of £7,048,000 (Sources: www.poundworld.co.uk and Experian Group 09/11/2017). (2) Parts of the first and second floors are currently vacant and not demised to Poundworld Retail Limited.
