St. Sepulchre Gate, Doncaster, South Yorkshire, DN1
£178.33 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,944 sq ft
274 sq m
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: Class E
E
Key features
- PROMINENT CENTRAL LOCATION
- FULLY LET - EXCELLENT COVENANT STRENGTH
- NATIONAL / INTERNATIONAL TENANTS
- PURCHASE PRICE £525,000 REFLECTS NIY OF 8.9%
- TOTAL RENT £49,000 PER ANNUM EXC
Description
The ground floor retail unit is let to Amplifon, an Italian company who operate out of 25 countries,
employing 18,600 staff and had a turnover of approx. £2bn in 2021.
Amplifon are occupying on an effective FRI for 10 year lease from 22.02.2016 at a rental of £37,500 p.a.
The upper floors are let to The Cyrenians Limited who are a registered charity first incorporated in
1970 who had funds of £13.6m as at March 2022.
Cyrenians are occupying on an effective FRI for 5 years from 02.09.2019 at a rental of £11,500 p.a.
We seeking offers for the freehold interest subject to the occupational leases at £525,000.
With total rental income of £49,000 per annum, a purchase price at £525,000 reflects a Net Initial Yield of 8.9%.
Brochures
St. Sepulchre Gate, Doncaster, South Yorkshire, DN1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Doncaster Station0.4 miles
- Bentley (South Yorks.) Station1.6 miles
- Kirk Sandall Station3.7 miles
About Malcolm Stuart Property Consultants LLP, Tadcaster
Wilton House, Station Estate, Station Road, Tadcaster, LS24 9SG
Notes
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