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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.
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
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.