3,5,7,7a,7b,7c,7d,7e Church Street, Thorne, Doncaster, South Yorkshire, DN8 5BE
3,5,7,7a,7b,7c,7d,7e Church Street, Thorne, Doncaster, South Yorkshire, DN8 5BE
The property lies on Church Street adjacent to the town centre's Halifax Bank, close to the market area and St Nicholas's Church. Thorne lies approximately 10 miles north east of Doncaster City centre and has excellent access to the regional and national transport network being 1 mile from the J6 of the M1 motorway, 11 miles from Doncaster Sheffield Airport with Doncaster Railway station providing main line access to London.
Retail and Residential Investment with a passing rent of £40,548 per annum, comprising two ground floor retail units and 6 apartments all within a detached 2 storey building block. The residential element comprises two 2 bedroom flats and four 1 bedroom flats. The residential units all have shower rooms and are accessed via a gated entrance, with Flat 3 benefitting from a secure car parking space.
| RETAIL ACCOMODATION | UNIT | RENT |
| 5 Church Road | 46.6 sq m (501 sq ft) | £5,184 per annum on a 5 Year Lease from 2020 |
| 7 Church Road | 34.1 sq m (366 sq ft) | £5,184 per annum on an Informal Agreement * |
| RESIDENTIAL ACCOMODATION | ||
| Flat 3 | Ground Floor 1 Bed | AST £425 |
| Flat 7a | Ground Floor 1 Bed | AST £350 |
| Flat 7b | Ground/ First Floor 2 Bed | AST £445 |
| Flat 7c | First Floor 2 Bed | AST £460 |
| Flat 7d | First Floor 1 Bed | AST £425 |
| Flat 7e | First Floor 1 Bed | AST £410 |
| TOTALLY ANNUAL EQUIVALENT INCOME | £40,548 |
* The Vendor has advised this tenant has been in occupation for approximately 19 years.
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
1. The Vendor advises that the residential conversion to flats took place within the last five years with the exception of 7e which was completed within the last 12 months.
2. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.
3. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND MARCH AND CLOSES ON WEDNESDAY 23RD MARCH.
4. Energy Performance Certificate 3 Church Road = E
Energy Performance Certificate 5 Church Road = D
Energy Performance Certificate 7 Church Road = C
Energy Performance Certificate 7a Church Road = E
Energy Performance Certificate 7b Church Road = D
Energy Performance Certificate 7c Church Road = D
Energy Performance Certificate 7d Church Road = D
Energy Performance Certificate 7e Church Road = D
Flat 7 has now been re-let on an AST at £425 pcm and the revised annual equivalent rent is now £40,548.
