Skip to content
SOLD STC

Masbrough Street, Rotherham, South Yorkshire, S60 1HW.

Offers in Region of
£650,000

Business rates & charges may apply

Commercial Property Rotherham, Rotherham
SIZE

Ask agent

SECTOR

Out-of-town retail property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Prominent mixed-use development comprising 3 ground floor retail units & 4 first floor flats.
  • Development also offers some vacant first floor accommodation suitable for conversion to flats.
  • Rear off road car park for up to 10 domestic vehicles.
  • Rent passing of £43,476 with potential to significantly increase immediately.
  • Freehold.
  • Inspection is recommended.

Description

LOCATION
The subject development benefits from an extremely prominent and extensive frontage to Masbrough Street in Rotherham, and within very close proximity to the A630 Centenary Way, which is the main trunk road that runs around the western perimeter of the town centre, linking J.33 of the M1 motorway through and out towards Doncaster. The New York Stadium is located close by, with Rotherham town centre within walking distance. The development is located at the junction of Masbrough Street and John Street and also Providence Street

DESCRIPTION
The development comprises a two-storey mixed-use building with three ground floor retail Tenant's, anchored by Ladbrokes. There are also four self-contained one-bedroomed apartments at first floor level which are all let, together with vacant ancillary storage accommodation which could be suitable for conversion to flats. To the rear is a car park with 10 parking spaces.

ACCOMMODATION
Floor areas have been extracted from the Valuation Office Agency website:

Ladbrokes: 932 sq.ft. (86.61 sq.m.)
Rahman Superstore: awaiting confirmation.
Rotherham Computers: awaiting confirmation.

4 No. one-bedroom first floor flats.
Vacant first floor: 1,377 sq.ft. (127.93 sq.m)

FIXTURES & FITTINGS
The fixtures and fittings mentioned in this brochure will remain available for the benefit of the in-going occupier; neither the agent, nor their clients, can offer any form of warranty as to their working order, or suitability for any particular purpose.

PLANNING
We would recommend any seriously interested parties to make all enquiries with the planning department of the Local Borough Council regarding any alternative uses.

TENANCY DETAILS
Ladbrokes: £8,196 p.a.
Rahman: £13,200 p.a.
Rotherham Computers: £4,920 p.a.
4 No. first floor flats: £17,160 p.a.
Total annual rental: £43,476 p.a.

The Lease in respect of Ladbrokes has approximately 7 years unexpired term. The Lease to Rahman Superstore has approximately 8 years unexpired term. Rotherham Computers are holding over.

RATING ASSESSMENT
We would recommend all enquiries be made with RMBC in respect of rating assessments and council tax banding.

PRICE
o/a £650,000

TENURE
Freehold.

SERVICES
Mains electricity, water and drainage are understood to be supplied and connected. None of the services have however been tested by Commercial Property Rotherham. We would recommend all interested parties to satisfy themselves as to the suitability and capacity of all mains services prior to entering in to any legal or financial commitment.

ENERGY PERFORMANCE CERTIFICATE
A copy of the EPC's are available online or on request.

VAT
Prices quoted are exclusive of VAT but may be subject to VAT.

MONEY LAUNDERING
The Money Laundering Regulations currently place a legal requirement on a prospective Tenant to provide two acceptable forms of I.D.

VIEWING & FURTHER DETAILS
Viewing and further information is available by contacting the Sole Agent, Commercial Property Rotherham.

DISCLAIMER
Nothing in this brochure may be taken as offering any warranty as to the existence, suitability, adequacy or serviceability of any mains or other service, central heating installation, fixture or fitting, plumbing or wiring installation, security system, remedial or treatment work. Measurements are taken by a Disto laser measuring device. We would suggest that purchasers or Tenant's satisfy themselves as to their accuracy prior to purchase or entering into a Lease.

Brochures

Masbrough Street, Rotherham, South Yorkshire, S60 1HW.

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rotherham Central Station0.3 miles
  • Meadowhall South/Tinsley Tram Stop1.9 miles
  • Meadowhall Station2.1 miles

About Commercial Property Rotherham, Rotherham

AEON House Green Lane Wickersley Rotherham S66 2BS

Commercial Property Rotherham, Rotherham

Commercial Property Rotherham are a firm of Chartered Surveyors specialising in commercial property. The company has a team offering in excess of 50 years experience of commercial property, primarily within Rotherham and the South Yorkshire area. Commercial Property Rotherham is the only Rotherham-based firm of Chartered Surveyors dealing exclusively with commercial property, offering specialist and qualified advice.

The company prides itself on excellent levels of service, with client

More properties from Commercial Property Rotherham, Rotherham

Notes

These notes are private, only you can see them.

Disclaimer - Property reference MasbroughStreetForSale. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Commercial Property Rotherham, Rotherham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.