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81-83 High Street, Mexborough, South Yorkshire, S64 9AB

Guide Price
£140,000

Business rates & charges may apply

Barnett Ross, Barnett Ross
SIZE

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SECTOR

Commercial property for sale

Key features

  • FOR SALE BY AUCTION ON THURSDAY 30TH OCTOBER 2025 (UNLESS SOLD PRIOR).
  • High Street Location
  • Ground Floor Shop, Basement, First Floor Ancillary
  • FREEHOLD
  • Producing £22,785 per annum
  • Gross yield 16.3%
  • Let to Coral Racing Ltd

Description

SITUATION
Located in the town's principle pedestrianised shopping thoroughfare amongst a host of multiple occupiers such as Halifax, B&M, Post Office, Card Factory, Superdrug, Greggs, Specsavers, Domino's and Poundland and in close proximity to Mexborough Mainline Station.
Mexborough is a market town located 5 miles north of Rotherham and 7 miles west of Doncaster, benefitting from good road links being only 4 miles east of the A1(M) via the A6023.

PROPERTY
An end of terrace building comprising a Ground Floor Shop and Basement with internal and separate side and rear access to Ancillary Accommodation (previously a flat & photography studio) at first floor level.

ACCOMMODATION
Ground Floor Shop
Gross Frontage 27'11"
Return Frontage 45'9"
Internal Width 30'1"
Shop Depth 33'2"
Built Depth 43'5"
Sales Area Approx. 998 sq ft plus WCs
Basement Area Approx. 392 sq ft
First Floor Ancillary
3 Rooms, Kitchen, 4 WCs Approx. 628 sq ft

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY
The entire property is let on a full repairing and insuring lease to Coral Racing Ltd (see Tenant Profile) for a term of 16 years from 3rd February 2011 at a current rent of £22,785 per annum exclusive.

TENANT PROFILE
The Coral Brand of betting shops forms part of Entain plc, a FTSE 100 company that is one of the world's largest sport betting and gaming groups operating in the online and retail sector. Entain is licensed and operates in over 20 countries, across 5 continents around the globe
(Visit: 6 week completion

81-83 High Street, Mexborough, South Yorkshire, S64 9AB

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mexborough Station0.2 miles
  • Swinton (S. Yorks.) Station0.8 miles
  • Bolton-on-Dearne Station1.9 miles

About Barnett Ross, Barnett Ross

7 Cadbury Close High Road Whetstone London N20 9BD

Notes

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Disclaimer - Property reference Mexborough. 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 Barnett Ross, Barnett Ross. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnett Ross, Barnett Ross on 020 8106 0950.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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