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Retail premises for sale

£856,000 (£41.62/sq. ft) Offers in region of

45-55 Peel Street, Barnsley S70

Retail premises for sale 20,567 sq. ft*
Interested in this property? Call +44 113 427 5856 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Key Points

  • Prominent edge of town retail position
  • Opposite Lidl and Home Bargains
  • 100% let to four tenants including British Heart Foundation and Dominos
  • Current rental income of £104,500 Pax
  • Price - Offers in the region of £856,000
  • Attractive Net Initial Yield of 11.56%
  • Description

    A substantial two storey property of brick construction under a flat roof extending to 20,567 sq.ft. The property benefits from a rear service yard with loading access and parking accessed from Peel Parade.

    The property comprises 3 ground floor retail units with a substantial first floor retail unit that has recently been refurbished prior to the current letting. This unit is accessed from Peel Street via an entrance lobby with a passenger lift and staircase leading to the first floor.

    Location

    Barnsley has an urban population of approximately 244,000 persons (2021 Census) and is situated in South Yorkshire, 16 miles north of Sheffield and 23 miles south of Leeds.

    The town is well served by the motorway network with Junction 37 of the M1 situated approximately 1.5 miles to the west via the A628 Dodworth Road.

    The subject property occupies a highly prominent retail position opposite Lidl and Home Bargains, with Costa Coffee, kfc and Taco Bell nearby.

    Barnsley hosts a bustling outdoor market on Mondays, Tuesdays, Wednesdays, Fridays and Saturdays together with an indoor market.

    * Sizes listed are approximations. Please contact the agent to verify actual sizes.

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    For more information about this property, please contact
    Brackenridge Hanson Tate Limited, LS2 on +44 113 427 5856 * (local rate)

    Contact Brackenridge Hanson Tate Limited about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Brackenridge Hanson Tate Limited, and do not constitute property particulars. Please contact Brackenridge Hanson Tate Limited 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.

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