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    Key features

    • High Yielding Retail Investment
    • Let to British Heart Foundation
    • Five Year Lease Expiring 03.08.2027
    • Long Standing Tenant of 15+ Years
    • 6,913 sq ft (642.22 sq m)
    • Attractive Double-Fronted Unit
    • Investment Let at £40,000 p.a. (20% GIY on Guide Price)

    Description

    The property comprises a high yielding retail investment opportunity within a double-fronted unit and let to the undoubted covenant of British Heart Foundation.

    Arranged as a ground floor retail unit with storage/ancillary space to the first floor, the property is let to British Heart Foundation on a five year lease expiring 03.08.2027 and paying £40,000 per annum.

    British Heart Foundation is one of the UKs most recognisable charities trading from approx. 700 stores nationwide. The subject property comprises one of the tenants specialist home stores, of which there are 190 nationwide.

    The property forms part of a popular local retail parade in the centre of Barnsley and benefits from a double frontage to both Peel Street and Peel Street Arcade, the area is characterised by a number of national retailers including Home Bargains, Costa, Taco Bell and Iceland. One of the principal public car parks (120 spaces) is immediately opposite.

    Additional information

    Tenure

    999 Year Long Leasehold - Please Consult the Legal Pack

    Tenancy

    The property is let to British Heart Foundation on a five year lease expiring 03.08.2027 and paying £40,000 per annum. The lease is on effective FRI terms and includes a tenants break option in August 2026. The tenant did not serve their 2025 break option displaying confidence in the location.


    The tenant is a long standing occupier, having been in occupation for over 15 years.


    British Heart Foundation


    • D&B Rating - 5A1
    • Turnover (2024) - £398.9m
    • Pre-Tax Profit (2024) - £12.7m


    British Heart Foundation is one of the UKs most recognisable charities trading from approx. 700 stores nationwide. The subject property comprises one of the tenants specialist home stores, of which there are 190 nationwide.

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      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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