Withdrawn
Withdrawn Prior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 fully let to Holland and Barrett, long-standing tenants of 10+ years, on a five year lease expiring 25.07.2029 and paying £46,750 per annum.
The property includes vacant upper parts to the second floor which may benefit from asset management potential via letting or development potential subject to obtaining the requisite consents. The ground floor retail unit 5A (let to TUI), is 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 TUI, Barclays and Costa.
Tenure
Freehold
Tenancy
The property is let to Holland and Barrett Retail Ltd (t/a Holland and Barrett) on a five year lease expiring 25.07.2029 and paying £46,750 per annum.
The lease is on effective full repairing and insuring terms via a service charge.
Holland & Barrett Retail Limited
Rent
Notes
We understand the property is elected for VAT.