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Max Spielmann, 3 Market Street, Barnsley

Guide Price
£90,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Let to Max Spielmann
  • Five Year Lease Expiring 16.08.2028
  • Long Standing Occupier
  • 1,097 sq ft (101.91 sq m)
  • Asset Management Potential
  • Prime Pedestrianised Pitch
  • Investment Let at £14,000 p.a. (15.5% GIY on Guide Price)

Description

The property comprises a high yielding retail investment opportunity let to Max Spielmann and occupying a prime pedestrianised pitch.

Arranged across ground and first floors, the property is fully let to Photographic Retail 2008 Limited t/a Max Spielmann on a five year lease expiring 30.06.2028 and paying £14,000 per annum.

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.

Brochures

Max Spielmann, 3 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

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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