3980 sqft Barnsley
Market Street, Hoyland, Barnsley, S74 9QR
Key Features
- Adjacent to B&M
- Reversionary yield of 10.79%
- Value add investment
- All units fall below business rates threshold
Description
Freehold, multi let retail investment located adjacent to B&M with nearby occupiers including Dominos opposite, Heron and Bargain Booze.
The parade includes 9 retail units let to local retailers which includes a butchers, greengrocers and hairdressers and two additional income sources from the Royal Mail and In Post.
The current passing rent is £56,100 per annum on leases of 5, 6 and 12 years, commencing in either 2025 or 2026, a tenancy schedule is available on request.
5 car parking spaces included in the title, with shared parking opposite and 2 hours free parking.
The parade of units fronts a shared town centre car park with B&M providing excellent access. Nearby occupiers include Heron, Bargain Booze and Dominos opposite.
The property is elected to VAT.
Comments
AML: In accordance with the Money Laundering Regulations prospective purchasers will be asked to produce identification of the intended purchaser and other documentation to support any offers submitted to the vendors.