48 Market Street Barnsley South Yorkshire S70 1SN

  • 48 Market Street<br>Barnsley<br>South Yorkshire<br>S70 1SN

48 Market Street
Barnsley
South Yorkshire
S70 1SN

Freehold Retail Investment

  • Let to Coral Racing Limited until 2024 (subject to option)
  • Prominent corner position in pedestrianised town centre location
  • Some 20 metres north of the Wellington House Car Park and 100 metres west of the Alhambra Shopping Centre
  • Neighbouring occupiers include Marks & Spencer, Superdrug, New Look, Boots the Chemist and JD Wetherspoon
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    93
  • Auction
    13th October 2016
  • Rent
    £44,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £400,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
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Freehold Retail Investment

  • Let to Coral Racing Limited until 2024 (subject to option)
  • Prominent corner position in pedestrianised town centre location
  • Some 20 metres north of the Wellington House Car Park and 100 metres west of the Alhambra Shopping Centre
  • Neighbouring occupiers include Marks & Spencer, Superdrug, New Look, Boots the Chemist and JD Wetherspoon
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 93
  • Auction 13th October 2016
  • Rent £44,000 per Annum Exclusive
  • Status Sold
  • Price £400,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
14 miles north of Sheffield, 20 miles south of Leeds, 35 miles east of Manchester
Roads
A62, A635, A628, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Leeds Bradford International Airport
Situation

The property is situated in a prominent corner position on the east side of pedestrianised Market Street at its junction with Albert Street East, in the heart of the town centre. Nearby occupiers include Marks & Spencer, Superdrug, New Look, Boots the Chemist and JD Wetherspoon. The 38 space Wellington House car park is situated some 20 metres to the south and the Alhambra Shopping Centre, whose occupiers include Primark and Next is situated some 100 metres to the east.

Tenure

Freehold.

Location
Miles
14 miles north of Sheffield, 20 miles south of Leeds, 35 miles east of Manchester
Roads
A62, A635, A628, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Leeds Bradford International Airport
Situation

The property is situated in a prominent corner position on the east side of pedestrianised Market Street at its junction with Albert Street East, in the heart of the town centre. Nearby occupiers include Marks & Spencer, Superdrug, New Look, Boots the Chemist and JD Wetherspoon. The 38 space Wellington House car park is situated some 20 metres to the south and the Alhambra Shopping Centre, whose occupiers include Primark and Next is situated some 100 metres to the east.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor with ancillary accommodation on the first floor and benefits from a return frontage on to Albert Street East.

VAT

VAT is 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 retail accommodation on the ground floor with ancillary accommodation on the first floor and benefits from a return frontage on to Albert Street East.

VAT

VAT is 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

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground
First		 Retail
Ancillary
124.20 sq m
39.90 sq m
(1,337 sq ft)
(429 sq ft)
 CORAL
RACING
LIMITED (1)		 15 years from 03/06/2009
on a full repairing and
insuring lease (2)		 £44,000 03/06/2019
(02/06/2024)
Totals  
164.10 sq m
(1,766 sq ft)
     £44,000  

(1) For the year ending 26th September 2015, Coral Racing Limited reported a turnover of £667,786,000, pre-tax profits of £81,106,000 and a total net worth of £264,149,000. (Source: www.riskdisk.com 26/07/2016).
(2) The lease provides for a tenant option to determine the lease on 3rd June 2019.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Guest Walker & Co 12A Shambles
York
Yorkshire
YO1 7LZ
John Walker 01904 624 903john.walker@guestwalker.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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