Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity forming part of a popular local parade.
Arranged across ground and first floors, the property is fully let to a hair salon on a five year lease expiring January 2028 and paying £18,000 per annum.
The property is prominently located on Barnsley Road, a popular secondary retail location with occupiers including William Hill, Boots, Specsavers, Greggs, and Card Factory. Transport links are provided by South Elmsall train station 0.3 miles and Moorthorpe train station 0.7 miles. By road the property is only 0.8 miles from the A638, this offers great transport links onto the A1 (M).
Tenure
Freehold
Tenancy
The property is let to The Hair Rooms (SE) Limited on a five year lease expiring 01/01/2028 and producing £18,000 per annum. The lease includes fixed uplifts from an initial rent of £13,200 per annum however the Vendor will "Top Up" the rent to the final rent of £18,000 per annum upon completion.
The lease is on full repairing and insuring terms and is outside of the Security of Tenure provisions of the Landlord and Tenant 1954 Act.
Rent