Location
The subject development benefits from an extremely prominent and extensive frontage to Masbrough Street in Rotherham, and within very close proximity to the A630 Centenary Way, which is the main trunk road that runs around the western perimeter of the town centre, linking J.33 of the M1 motorway through and out towards Doncaster. The New York Stadium is located close by, with Rotherham town centre within walking distance. The development is located at the junction of Masbrough Street and John Street and also Providence Street.
Description
The development comprises a two-storey mixed-use building with three ground floor retail Tenant’s, anchored by Ladbrokes. There are also four self-contained two-bedroomed apartments at first floor level which are all let, together with vacant ancillary storage accommodation which could be suitable for conversion to flats. To the rear is a car park with 10 parking spaces.
Accommodation
Floor areas have been extracted from the Valuation Office Agency website:
| ft2 | m2 | |
| Ladbrokes | 932 | 86.61 |
| Rahman Superstore | ||
| Rotherham Computers | ||
| 4 No. First Floor 2-bed Flats | ||
| Vacant first floor | 1,377 | 127.93 |
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
We would recommend any seriously interested parties to make all enquiries with the planning department of the Local Borough Council regarding any alternative uses.
Tenancy Details
| Demise | Annual Rental |
| Ladbrokes | £8,196 |
| Rahman Superstore | £13,200 |
| Rotherham Computers | £4,920 |
| 4 No. First Floor Flats | £17,160 |
| Total | £43,476 |
The Lease in respect of Ladbrokes has approximately 7 years unexpired term. The Lease to Rahman Superstore has approximately 8 years unexpired term. Rotherham Computers are holding over.
Rating Assessment
We would recommend all enquiries be made with RMBC in respect of rating assessments and council tax banding.
Price
o/a £650,000
Tenure
Freehold.
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.
Energy Performance Certificate
A copy of the EPC’s are available online or on request.
VAT
Rental and service charge will 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 Agents, 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 Tenant’s satisfy themselves as to their accuracy prior to purchase or entering into a Lease.
Mixed-use investment occupying prominent main road position.
Masbrough Street, Rotherham, S60 1HW
Property Type: Retail
For Sale: o/a £650,000
Size: 0 ft2 (0.00 m2)
Now Sold