53 Laughton Road Dinnington South Yorkshire S25 2PN

  • 53 Laughton Road<br>Dinnington<br>South Yorkshire<br>S25 2PN

53 Laughton Road
Dinnington
South Yorkshire
S25 2PN

Freehold Retail Investment

  • Entirely let to Heron Foods Limited – a part of B&M Bargains
  • Town centre location opposite Market Hall
  • Close to Aldi, Superdrug and William Hill
  • Approximately 5,085 sq ft
  • Well configured property with customer car parking to the rear
  • Lot
    24
  • Auction
    19th October 2017
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £387,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Retail Investment

  • Entirely let to Heron Foods Limited – a part of B&M Bargains
  • Town centre location opposite Market Hall
  • Close to Aldi, Superdrug and William Hill
  • Approximately 5,085 sq ft
  • Well configured property with customer car parking to the rear
  • Lot 24
  • Auction 19th October 2017
  • Rent £30,000 per Annum Exclusive
  • Status Sold
  • Price £387,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
10 miles south of Doncaster
14 miles east of Sheffield
Roads
A57, M1 (Junction 31)
Air
Doncaster Sheffield Airport
Situation

Dinnington is a town within the Metropolitan Borough of Rotherham, close to the county border with Nottinghamshire. The property is situated on the eastern side of Laughton Road, close to its junction with Leopold Street, in the heart of the town centre. Other retailers represented in the town include Aldi, Superdrug and Poundstretcher, along with a number of independent retailers.

Tenure

Freehold.

Location
Miles
10 miles south of Doncaster
14 miles east of Sheffield
Roads
A57, M1 (Junction 31)
Air
Doncaster Sheffield Airport
Situation

Dinnington is a town within the Metropolitan Borough of Rotherham, close to the county border with Nottinghamshire. The property is situated on the eastern side of Laughton Road, close to its junction with Leopold Street, in the heart of the town centre. Other retailers represented in the town include Aldi, Superdrug and Poundstretcher, along with a number of independent retailers.

Tenure

Freehold.

Description

The property comprises a large ground floor shop which benefits from customer parking to the rear. The town’s Post Office occupies part of the property.

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 a large ground floor shop which benefits from customer parking to the rear. The town’s Post Office occupies part of the property.

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
Ground Retail/Ancillary
472.41 sq m
(5,085 sq ft)
 HERON FOODS
LIMITED (1)		 10 years from 04/01/2011
on a full repairing and
insuring lease		 £30,000
Total
472.41 sq m
(5,085 sq ft)
     £30,000

(1) For the year ending 31st December 2015, Heron Foods Limited reported a turnover of £252,520,329, pre-tax profits of £1,854,186 and a total net worth of £30,228,203 (Source: Experian Group 07/09/2017). Heron currently trade from about 250 stores in the North and Midlands. In August 2017, Heron Foods were bought by B&M Bargains, and aim to open 10-20 new Heron Foods stores per year (Source: www.heronfoods.com, 14/09/2017).

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Freemans Solicitors 22 Upper Woburn Place
London
WC1H 0HW
Stephen Nelken 0207 935 3522sn@freemanssolicitors.net

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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