Entirely let to The Factory Shop Limited until 2026
Includes parking for approximately 50 cars
Approximately 866 sq m (9,322 sq ft)
Approximate site area of 0.27 hectares (0.66 acres)
Lot 51
Auction 19th October 2017
Rent £60,000 per Annum Exclusive
Status Sold
Price £775,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Co-op
Property Information
Location
Miles
8 miles south of Doncaster
11 miles east of Sheffield
35 miles north of Derby
Roads
A631, M18, A1(M), A60
Rail
Conisborough Railway Station
Air
Sheffield City Airport
Situation
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.
Tenure
Freehold.
Location
Miles
8 miles south of Doncaster
11 miles east of Sheffield
35 miles north of Derby
Roads
A631, M18, A1(M), A60
Rail
Conisborough Railway Station
Air
Sheffield City Airport
Situation
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.
Tenure
Freehold.
Description
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
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, 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
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
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).
