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The property comprises a high yielding, prime, retail investment occupying a high footfall pedestrianised pitch.
Arranged as a ground floor retail unit, the property is fully let to TUI on a five year lease expiring 29.02.2028 and paying £38,000 per annum. The tenant did not exercise their 2026 break option, displaying confidence in the location.
The property occupies a prime pitch fronting Queen Street, the principal pedestrianised retail pitch in Barnsley. The surrounding area is characterised by a mix of national retailers including Holland & Barrett, Barclays and Costa.
Tenure
Leasehold - New 999 Year Lease - Peppercorn Rent
Tenancy
The property is let to TUI UK Limited (t/a TUI) on a five year lease expiring 29.02.2028 and paying £38,000 per annum.
The lease is on effective full repairing and insuring terms via a service charge. The tenant did not exercise their 2026 break option displaying confidence in the location.
TUI UK Retail Limited
TUI is a established and well known global travel agent specialising in integrated tourism and package holidays. There are in excess of 275 stores nationwide.
Rent
Notes
We understand the property is elected for VAT.