Freehold Retail Investment
Freehold Retail Investment
Maltby is a predominantly residential suburb situated approximately 12 miles east of Sheffield City Centre. The property is prominently positioned on the north side of High Street (A631), in the centre of Maltby's commercial pitch. Neighbouring occupiers include Tesco, William Hill, JD Wetherspoon, Heron Foods and Cash Converters.
Freehold.
Maltby is a predominantly residential suburb situated approximately 12 miles east of Sheffield City Centre. The property is prominently positioned on the north side of High Street (A631), in the centre of Maltby's commercial pitch. Neighbouring occupiers include Tesco, William Hill, JD Wetherspoon, Heron Foods and Cash Converters.
Freehold.
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first floor, with the additional benefit of shutter doors to the rear. The property benefits from rear access and land to the rear of 84-94 High Street which accommodates parking for approximately 50 cars.
VAT is applicable to this lot.
Six week completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first floor, with the additional benefit of shutter doors to the rear. The property benefits from rear access and land to the rear of 84-94 High Street which accommodates parking for approximately 50 cars.
VAT is applicable to this lot.
Six week completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
832.40 sq m 33.63 sq m |
(8,960 sq ft) (362 sq ft) |
THE FACTORY SHOP LIMITED (1) |
10 years from 27/05/2016 to 26/5/2026 |
£60,000 | 27/07/2021 |
| Total |
866.03 sq m |
(9,322 sq ft) |
£60,000 | ||||
(1) For the year ending 27th March 2016, The Factory Shop Limited reported a turnover of £184,496,000, pre-tax profits of £6,015,000 and a total net worth of £48,706,000 (source: Experian Group 14/09/2017). The Original Factory Shop was established back in 1969
and now has over 200 stores across the UK (Source: www.tofs.com 25/09/2017).
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