Clarks, Queen Street, Barnsley

Guide price

£240,000

Auction

Size

2,648

Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Retail Unit and Upper Parts
  • Let to Clarks
  • Ten Year Lease Expiring 16.05.2034
  • 2,648 sq ft (246 sq m)
  • Prime Pedestrianised Pitch
  • Investment Let at £30,000 p.a. (12.5% GIY on Guide Price)

Description

The property comprises a high yielding, prime, retail investment occupying a high footfall pedestrianised pitch.

Arranged as a ground floor retail unit with the upper parts sold off on a long leasehold basis, the ground floor is let to Tonks Shoes Limited (t/a Clarks) on a 10 year lease expiring 16.05.2034 and paying £30,000 per annum.

We consider the property offers evident asset management potential via improvement of rent, with nearby units paying up to £53,000 per annum.

The upper parts are sold off on a long leasehold basis.

The property occupies a prime pitch fronting Queen Street, the principal pedestrianised retail pitch in Barnsley. The surrounding area is characterised by a mix of national retailers including Holland & Barrett, Specsavers and Costa.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Clarks, Queen Street, Barnsley

NEAREST STATIONS

National Rail

Barnsley Station

0.17 miles

National Rail

Dodworth Station

2.18 miles

National Rail

Darton Station

3.25 miles

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Disclaimer - Property reference ECCA6D1F-6499-421E-A3BA-F23D555C0205. 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 Savills National , Savills Auctions- Commercial. 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.