Withdrawn
Withdrawn Prior
Sold Prior
Sold Prior
Sold
Sold Post
The property comprises a high yielding, prime, retail investment occupying a high footfall pedestrianised pitch.
Arranged as a ground floor retail unit with ancillary upper parts, the ground and first floors are let to Barclays, long-standing tenants of 10+ years, on a recently renewed ten year lease expiring 31.12.2034 and paying £53,000 per annum.
The second and third floors are sold off on a long leasehold basis.
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, Specsavers and Costa.
Tenure
Freehold
Tenancy
The ground and first floors are let to Barclays Bank PLC (t/a Barclays) on a recently renewed ten year lease expiring 31.12.2034 and paying £53,000 per annum.
The lease is on effective full repairing and insuring terms via a service charge and includes a tenants break option in the fifth year.
The second and third floors are sold off on a long leasehold basis.
Barclays Bank UK PLC (t/a Barclays)
Rent