4 / 6 Cheapside Barnsley South Yorkshire 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
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Receivers

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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

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

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)