Acquired
Rotherham – Cafe & Florist
25–27 Doncaster Road, Goldthorpe, Rotherham, South Yorkshire S63 9HGFreehold Shops Investment
Tenure
Freehold
Lease Term
Various
Years Left on Lease
2y 11m
Area
1,669 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Forming part of a terraced parade comprising two ground floor shops
- Located on one of the town's main shopping thoroughfares. Property is amongst such multiple retailers as Betfred and a William Hill plus a variety of local traders and businesses with Goldthorpe.
- Train Station only ½ a mile distant
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Forming part of a terraced parade comprising 2 Ground Floor Shops with a Store at first floor above No. 25 (accessed internally). The property benefits from a rear service road for unloading. The property benefits from a rear service road for unloading.
The property provides the following accommodation and dimensions:
No. 25 Ground Floor Cafe: 62.43 sq m (672 sq ft)
No. 25 First Floor Ancillary: 33.45 sq m (360 sq ft)
No. 27 Ground Floor Shop: 59.18 sq m (637 sq ft)
The property provides the following accommodation and dimensions:
No. 25 Ground Floor Cafe: 62.43 sq m (672 sq ft)
No. 25 First Floor Ancillary: 33.45 sq m (360 sq ft)
No. 27 Ground Floor Shop: 59.18 sq m (637 sq ft)
Tenancy Description
The shop at No. 25 is at present let to M Bull t/a café for a term of 7 years from 13th November 2020 at a current rent of £7,200 per annum and the lease contains full repairing and insuring covenants. RPI linked rent review in 2023 and 2026. Tenant in occupation since 2010. No break clause.
The shop at No. 27 is at present let to A Tarff t/a florist for a term of 3 years from 1st August 2018 at a current rent of £3,100 per annum and the lease contains full repairing and insuring covenants.
The shop at No. 27 is at present let to A Tarff t/a florist for a term of 3 years from 1st August 2018 at a current rent of £3,100 per annum and the lease contains full repairing and insuring covenants.
Tenancies & Accommodation
Location Description
Located on one of the town’s main shopping thoroughfares, opposite the junction with Market Street, nearby a Betfred and a William Hill plus a variety of local traders and businesses with Goldthorpe Train Station only ½ a mile distant.Goldthorpe lies on the main A635 midway between Doncaster and Barnsley, approx. 20 miles south-east of Leeds.
