Lot
011
Auction: September 2022 Online Auction 21/09/2022

65/65a High Street, Wombwell, Barnsley, South Yorkshire S73 8HS

Property Details
Location
Description
Prominently positioned in the high street the lot comprises a mixed use investment including two retail shops, a dance studio and four apartments with an annual equivalent rental income of £47,940. Built in 1889 the four storey property retains some of its original detailed stonework features and was fully refurbished in 2010 to provide the current accommodation, approximately 373 sq m (4,012 sq ft), together with full height cellars, which may represent an opportunity for further development, subject to the necessary consents.
Location
The property is central to all shops and amenities, located at the intersection of High Street and Melville Street, and offers a prime position for passing footfall and traffic. Other notable occupiers nearby include Specsavers, Tesco Express, Greggs, Heron Frozen Foods and Bargain Booze.

Wombwell has a population of approximately 15,000 people and is situated approximately 4 miles to the south east of Barnsley and 8 miles to the north of Rotherham.

The town is well located for access to the local road network and to the motorway network via the Dearne Valley Parkway.
Accommodation
We detail below the following approximate areas which have been provided by the Vendor and interested parties should satisfy themselves in this regard.

AREASQ MSQ FT
Unit 1 Retail Shop45484
Unit 2 Retail Shop33355
Dance Studio1151,237
First Floor Flat 145484
First Floor Flat 245484
Second Floor Flat 345484
Second Floor Flat 445484
Total3734,012

Tenancy

UNITANNUAL RENTALLEASE TERM
Flat 1£4,80012 Months
Flat 2£4,80012 Months
Flat 3£4,80012 Months
Flat 4£4,4406 Months rolling
High St 1 
(Alberts Estates)
£9,6005 years until March 2027
High St 2
(Top Nails)
£7,50010 years until June 2025
Gym/ Studio£9,6002 Years until April 2024
Rear Office/Workshop£2,4002 Years until April 2024
Basement
Not Occupied

£47,940

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 20TH SEPTEMBER AND CLOSES ON WEDNESDAY 21ST SEPTEMBER.

Our Nearest Office

Sheffield 600x300

Sheffield

Search Available
Online Auctions
Search online auction icon
Guide to
Buying at Auction
Buying guide icon
Guide to Selling
Your Property
Selling guide icon
Sign Up For
Auction Alerts
Alert icon