1 & 1A Castlegate, Tickhill, Doncaster DN11
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- 2 Commercial units
- Long leasehold interest in 3 flats
- Popular and well regarded village
- 1 castlegate let to Juicy Fruits until 31/10/2027 on a contracted-out lease
- Juicy Fruits trading for c.28 years from the property
- 1a Castlegate 1 year from March 2022
- Barbers trading since c.2008
- Total rental income: £20,342 p.a
Property description
Description & Accommodation
Two prominent retail units, fronting a busy street located in the affluent village of Tickhill with reversionary interest in the 3 flats above.
Leases
1 Castlegate (Juicy Fruits) is held on a 5 year contracted out lease from 1/11/2022 at a rent of £12,000 p.a the business has been trading since c.1994. 1a Castlegate (The Barber Shop) is let on a 1 year lease from 2022 at a rent of £8,342 p.a. The tenant has been in occupation since 2008.
The 3 flats are let on 125 year leases from January 1985 and they have approximately 87 years remaining. We understand each flat pays a ground rent of £10.00 p.a
Note: The sale will be subject to the 1987 Landlord and Tenancy Act, as amended by the Housing Act of 1996 if required.
Property info
* Sizes listed are approximations. Please contact the agent to verify actual sizes.
For more information about this property, please contact
Craven Wildsmith, DN11 on +44 1302 457679 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Craven Wildsmith, and do not constitute property particulars. Please contact Craven Wildsmith for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.