Property Summary

Freehold prime retail investment for sale.

Property Type: Retail.

Address: 5 Frederick Street, Rotherham, S60 1QN.

Price: For Sale: o/a £295,000

Floor Area: 866ft2 (80.45m2)


Location

The subject property occupies a highly prominent position on Frederick Street in the centre of Rotherham’s prime pedestrian area, and within metres of the bus interchange. The train station is also located just a few minutes walking distance away.


Description

The subject property comprises of a ground floor betting shop. The property benefits from the following specification:

  • Open-plan sales area.
  • Rear store & kitchenette.
  • Two separate toilet facilities plus a further accessible toilet facility.
  • Prominent position close to the busy bus interchange & train station.
  • Modern spec including suspended ceiling and LED lighting.

Accommodation:

Approximate net internal floor areas:

  ft2 m2
Ground Floor 866 80.46
Total 866 80.46

Rating Assessment

We have consulted with the Valuation Office Agency and understand the ground floor has a rateable value of £18,000 and is listed as “Shop & Premises.” Please note this figure does not constitute the business rates payable.


Fixtures & Fittings

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.


Planning

The property is suitable for uses falling within Class E of the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020. We would recommend any seriously interested parties to make all enquiries with the planning department of the Local Borough Council regarding any alternative uses.


Services

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.


Tenure

Freehold.


Price

o/a £295,000


Lease

The Lease is for a term of 25 years commencing 11th October 2005 and let to William Hill Organisation, and is now held by way of an underlease to Star Sports Retail Ltd. The Lease has 8 years unexpired term remaining. The rent passing is £27,250 per annum.


Energy Performance Certificate

The property has a compliant EPC rating of 61 (Band C). A copy of the EPC is available online or on request.


VAT

Prices quoted are exclusive of VAT but may be subject to VAT.


Money Laundering

The Money Laundering Regulations currently place a legal requirement on a prospective Tenant to provide two acceptable forms of I.D.


Viewing & Further Details

Viewing and further information is available by contacting the Sole Agent, Commercial Property Rotherham on 01709 721706.


Disclaimer

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.


 

Freehold prime retail investment for sale.

Property Type: Retail

5 Frederick Street, Rotherham, S60 1QN.

For Sale: o/a £295,000

Size: 866ft2 (80.45m2)

Request more information

or use the details below:

01709 721 706

info@cprotherham.com