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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