Commercial Property for sale

Investment For Sale, 'Annie Murrays', 22 Market Hill/1A The Arcade, Barnsley, S70

Under Offer £139,950
4,208 sq. ft.

Property Description

Key features

  • Current Rent - 13,000 p.a plus VAT
  • Prime Position in Town Centre Leisure Circuit
  • Rent Reviews due 9th October 2019
  • Tenant Break Option 9th April 2020 (subject to 6 months prior notice)

Full description

The premises comprise of a town centre bar with accommodation arranged on ground and two upper floors plus basement cellarage extending to 4208 sq ft (391 sq m).

The premises are occupied by a Mr Paul McNicholas T/A Annie Murrays under the terms a lease dated 9th October 2014. The lease is for a term of 10 years from 9th October 2014 at a current rent of £13,000 per annum subject to an upward only rent review on 9th October 2019. The tenant has an option to determine the lease on 9th April 2020 subject to not less than 6 months prior written notice.

TENURE
The property is held by way of a lease for a term of 999 years from 28th November 2013 at a ground rent of £100 per annum for the first 50 years of the term, £200 per annum for the second 50 years of the term and further doubling every 50 years of the term.


More information from this agent

Nearest stations

  • Barnsley (0.1 mi)
  • Dodworth (2.2 mi)
  • Darton (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Smiths Chartered Surveyors, Barnsley

14 Regent St Barnsley S70 2HG

01226 977158 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Barnsley (0.1 mi)
  • Dodworth (2.2 mi)
  • Darton (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Smiths Chartered Surveyors, Barnsley

14 Regent St Barnsley S70 2HG

01226 977158 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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