1 & 1a Castlegate, Tickhill, Doncaster
£1025.64 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
312 sq ft
29 sq m
- SECTOR
High street retail property for sale
Key features
- 2 Commercial units
- Long leasehold interest in 3 flats
- Popular and well regarded village
- 1 castlegate let to Juicy Fruits until 31/10/2027 on a contracted-out lease
- Juicy Fruits trading for c.28 years from the property
- 1a Castlegate 1 year from March 2022
- Barbers trading since c.2008
- Total rental income: £20,342 p.a
Description
Two prominent retail units, fronting a busy street located in the affluent village of Tickhill with reversionary interest in the 3 flats above.
Leases
1 Castlegate (Juicy Fruits) is held on a 5 year contracted out lease from 1/11/2022 at a rent of £12,000 p.a the business has been trading since c.1994. 1a Castlegate (The Barber Shop) is let on a 1 year lease from 2022 at a rent of £8,342 p.a. The tenant has been in occupation since 2008.
The 3 flats are let on 125 year leases from January 1985 and they have approximately 87 years remaining. We understand each flat pays a ground rent of £10.00 p.a
Note: the sale will be subject to the 1987 Landlord and Tenancy Act, as amended by the Housing Act of 1996 if required.
Brochures
1 & 1a Castlegate, Tickhill, Doncaster
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Doncaster Station6.1 miles
About CRAVEN WILDSMITH (COMMERCIAL) LIMITED, Doncaster
33 Northgate Tickhill Doncaster DN11 9HZ
Craven Wildsmith was established in 2009 by Paul Wildsmith and Neal Craven MSc FRICS who have over 40 years’ experience. Paul is a residential property management specialist deals with lettings and management. Neal is a Chartered Surveyor with over 35 years commercial property experience in Doncaster and further afield, dealing with the letting and sale of commercial property, property management and professional work. Craven Wildsmith can also arrange a free consultation with a finance profe
Notes
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