Property Details
Pugh Auctions
Lot 005
Lot 005
Auction: December Auction 2015 (L)

Thurnscoe Business Centre, Princess Drive, Thurnscoe, Rotherham, South Yorkshire, S63 0BL

Property Details
Location

Thurnscoe Business Centre is located within the Dearne Valley, mid-way between Barnsley, 7 miles to the west and Doncaster, 9 miles to the east. There are good transport links to both Junction 37 of the A1 and M1 motorway. The town centre and railway station are located nearby. The site can be accessed off the B6411 Lidget Lane which is the main route through the town.

Description

Detached part single/part two storey workshop/office building comprising 48 Lettable Units, Cafe, 3 Seminar Rooms, Communal Kitchen and W.C facilities. The workshops range in size from 22 sq m (237 sq ft) to 106 sq m (1,139 sq ft) and offices from 20 sq m (219 sq ft) to 59 sq m (635 sq ft). At present approximately 67% of the workshop/office space remains available to let providing an opportunity to significantly increase the gross income.

Accommodation

The following measurements have been supplied by the Vendor and are an approximate idication of the net floor space including the seminar rooms: Ground Floor: 1,262 sq m (13,584 sq ft) First Floor 938 sq m (10,096 sq ft) Total: 2,200 sq m (23,680 sq ft)

Outside

Ample on site car parking.

Approx Site Area

Approximately 0.99 Hectares (2.45 Acres).

Tenure

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office, Barnsley Council, Barnsley Town Centre: Civic Hall, Eldon Street, Barnsley, S70 2JL Telephone: (01226) 787896.

Tenancy

The property is let a combined rent reserved and service charge of ú57,491 per annum. This is detailed on the tenancy schedule which is available for download from the Auctioneer's website.

VAT

VAT at the prevailing rate is payable upon the purchase price. TOGC to be confirmed.

General

Energy Performance Asset Rating = E.

Addendum

VAT at the prevailing rate is payable upon the purchase price. TOGC to be confirmed. Please note that all Licencees have been issued with either a draft 1 or 3 year lease at a rent equivalent to the current licence fee, save for the occupiers of the Youth Club and Gym who it is intended will be granted a lease for a term of 7 years at a peppercorn rent. The property is sold subject to such proposed leases whether or not such leases are completed before the completion date. The property is sold subject to various rights of access as detailed within the Legal Pack. The current annual equivalent income net of VAT is ú57,491 (please note that the council have decided to treat an element of the licence fees received as a contribution towards the service charge and this is included in the annual equivalent figure). Please refer to the copy tenancy schedule within the legal pack for the breakdown. Please note that as part of various costs which are detailed within the special conditions that the buyer will have to pay upon completion a fee of 5% plus VAT of the Purchase Price to Barnsley Metropolitan Borough Council.

Property Location Address:
Thurnscoe Business Centre,
Princess Drive,
Thurnscoe,
Rotherham,
South Yorkshire,
S63 0BL
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Auction Details
Auction: December Auction 2015 (L) Date: 1st December 2015 Lot Number: 005 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
Leeds United Football Club,
Leeds,
LS11 0ES

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