21 Market Street, Barnsley
£42.63 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,111 sq ft
196 sq m
- SECTOR
Mixed use property for sale
Key features
- High Yield Retail Investment
- Let to Headway - A National Charity
- Five Year Lease Expiring 16.07.2029
- Asset Management Potential Via 2029 Rent Review
- 2,111 sq ft (196.12 sq m)
- Prime Pedestrianised Pitch
- Investment Let at £14,500 p.a. (16.1% GIY on Guide Price)
Description
Arranged across ground and first floors, the property is let to Headway, a national charity, on a five year lease expiring 16.07.2029 and paying £14.500 per annum. (£6.87 per sq ft)
We consider the property offers evident asset management potential via the 2029 rent review, with the nearby 7 Market Street recently letting for £20,000 per annum reflecting £19.01 per sq ft.
The lease includes the upper parts which are used as ancillary/storage space, but we consider there may be potential to convert to alternative uses, including residential (subject to the existing leases and any requisite consents).
The property benefits from a prominent pitch fronting the prime, pedestrianised, Market Street. Nearby occupiers include Greggs, Boots, Holland & Barrett and Subway.
Situated in the Centre of Barnsley
2 miles East of the M1 via A628
0.3 miles South West of Barnsley train station
Brochures
21 Market Street, Barnsley
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barnsley Station0.2 miles
- Dodworth Station2.2 miles
- Darton Station3.3 miles
Notes
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