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Old Town Hall, Rotherham, South Yorkshire, S60

Offers in Region of
£1,500,000

£54.20 per sq ft

Business rates & charges may apply

PORTFOLIO LETS UK LTD, Manchester
SIZE AVAILABLE

27,675 sq ft

2,571 sq m

SECTOR

Retail property shopping centre for sale

Key features

  • OLD TOWN HALL
  • CHILDRENS CAPITAL OF CULTURE AWARDS 2025
  • GREAT INVESTMENT
  • HIGH YIELDING

Description

LOCATION

Old town hall is in the heart of the borough, providing an attractive location.

The town centre is home to a mix of high street favourites, independent shops, cafes and bars, as well as a bustling indoor and outdoor market and award-winning Tuesday Street markets
.
* Total net internal area of 27,675 square feet (approximately)
* Prime location
* Road connectivity to Sheffield, Doncaster, Wakefield and Leeds
* Fifteen retail units plus space to the first floor suitable for a bar/conversion into residential STP
* Current income of £108,000 per annum
* Negotiations currently in place for first floor estimated income £60,000 per annum
* EPC Rating: F

DESCRIPTION

The Old Town Hall comprises a two story building with a period Facade currently configured with fifteen retail units. The building extends approximately 26,675 square foot and is located directly adjacent to Effingham Square with two access points creating a walk through.
The property also benefits from a loading bay to the side, a recently maintained roof along with good access to bus and rail links plus a high level of passing footfall. Within the immediate vicinity are a number of National retailers such as Boots and Tesco along with parking.

The local area is undergoing regeneration with a new Cinema being built. With many independent businesses offer products not found in mainstream shopping centres and malls. From fresh local produce to clothing and handcrafted gifts.
This property consists of beautiful vintage looking retail units, a café and walkway which is home to regular events such as food festivals and craft fairs. There are also onsite washroom facilities for the public.

TENANCIES

Breakdown available on request

All tenants have a long-term lease, can be provided on request.

This is an excellent investment opportunity with an excellent yield of over 12 % with he first floor rented out.

TENURE

Freehold

EPC Rating: F

VAT

Applicable

VIEWING

Strictly by appointment only.

Brochures

Old Town Hall, Rotherham, South Yorkshire, S60

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rotherham Central Station0.2 miles
  • Meadowhall South/Tinsley Tram Stop2.4 miles
  • Meadowhall Station2.7 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference OLDTOWNHALLROTHERHAM. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PORTFOLIO LETS UK LTD, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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