01709 721706 info@cprotherham.com
01709 721706 info@cprotherham.com
Commercial investment comprising 3 ground floor retail units plus first floor offices, & producing £23,100 per annum.
Property Type: Offices and Retail.
Address: The Temperance Hall, 71-77 Wellgate, Rotherham, S60 2LZ.
Price: For Sale: o/a £245,000
Floor Area: 3,288ft2 (305.46m2)
The Temperance Hall is located close to the junction of Wellgate and Mansfield Road, opposite the Wellgate multi-storey car park. The area is one of a mixture of retail premises to Wellgate and professional and residential occupiers on Mansfield Road. Nearby occupiers include Wellgate Post Office, Lloyds Bank, together with a range of local amenities and independent retailers. The pedestrianised part of the retail core in the town centre is just a few minutes walking distance.
The Temperance Hall is a substantial stone-fronted development configured over two floors and comprising of three self-contained ground floor retail units all of which front Wellgate itself. Two of the units are accessed via a central communal entrance door and hallway. There are first floor offices separately let which are also accessed via the communal front entrance door. The development is fully let to 4 local businesses, offering a variety of users including a barbers, dessert bar and Thai massage facility.
Approximate net internal floor areas:
| Address | ft2 | m2 |
| 71 Wellgate | 362 | 33.63 |
| 73 Wellgate | 524 | 48.68 |
| 75 Wellgate | 1,016 | 94.39 |
| 77 Wellgate | 1,386 | 128.76 |
We have consulted with the Valuation Office Agency which confirm the development has the following rateable value’s listed:
| Address | Rateable Value |
| 71 Wellgate | £2,600 |
| 73 Wellgate | £5,800 |
| 75 Wellgate | £5,900 |
| 77 Wellgate | £9,700 |
Neither CPR, nor their clients, can offer any form of warranty as to working order of any fixtures and fittings referred to, or suitability / capacity for any particular purpose. An incoming Tenant / purchaser must satisfy themselves in this regard prior to entering into any legal or financial commitment.
Mains electricity, water and drainage are understood to be supplied and connected. None of the services have however been tested by Commercial Property Rotherham. We would recommend all interested parties to satisfy themselves as to the suitability and capacity of all mains services prior to entering in to any legal or financial commitment.
Freehold.
A copy of the EPC’s are available online or on request.
Each unit is let as per the following Tenancy Schedule:
| Address | Terms |
| 71 Wellgate | 7th September 2019 - expiring 1st December 2024. Rental: £3,300 p.a. |
| 73 Wellgate | 1st September 2020 - expiring 1st September 2026. Rental: £6,300 p.a. |
| 75 Wellgate | 1st June 2020 and expiring 1st June 2025. Rental: £7,500 p.a. |
| 77 Wellgate | 7th September 2019 - expiring 1st December 2024. Rental: £6,000 p.a. |
Total annual rental income: £23,100
o/a £245,000
Prices quoted are exclusive of VAT but may be subject to VAT.
The Money Laundering Regulations currently place a legal requirement on a prospective Tenant to provide two acceptable forms of I.D.
Viewing and further information is available by contacting the Sole Agent, Commercial Property Rotherham on 01709 721706.
Nothing in this brochure may be taken as offering any warranty as to the existence, suitability, adequacy or serviceability of any mains or other service, central heating installation, fixture or fitting, plumbing or wiring installation, security system, remedial or treatment work. Measurements are taken by a Disto laser measuring device. We would suggest that Purchasers or Tenants satisfy themselves as to their accuracy prior to purchase or entering into a Lease.
Property Type: Offices and Retail
The Temperance Hall, 71-77 Wellgate, Rotherham, S60 2LZ.
For Sale: o/a £245,000
Size: 3,288ft2 (305.46m2)
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