Unit 7, 9-11 Eldon Street, Barnsley
Size
15,005
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts
- Let to Knock Off Nigels Ltd
- Recently Signed Five Year Lease
- Lease Expires 22.12.2030
- 15,005 sq ft (1,393.96 sq m)
- Rent Reflects a Low £2.16 per sq ft
- Asset Management Potential
- Prominent Corner Pitch
- Investment Let at £32,500 p.a. (13% GIY on Guide Price)
Description
Arranged across basement, ground and three upper floors, the property is fully let to Knock Off Nigels Limited on a recently signed five year lease expiring 22.12.2030 and paying £32,500 per annum.
We consider the property offers asset management potential via improvement of rent, with the current rent reflecting a low £2.16 per sq ft. Nearby units are currently paying in excess of £6 per sq ft.
The property occupies a prominent pitch fronting Eldon Street, a high footfall arterial route forming part of the principal retail amenity of Barnsley. The area is characterised by national retailers including Halifax, Admiral and Nationwide.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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Brochure
Unit 7, 9-11 Eldon Street, Barnsley
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Disclaimer - Property reference 0EAA5859-0B3A-4709-81B1-6DDE90F4EA1C. 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.