COVID-19 – Important Auction Information
For Sale By Auction | 14:00, 26 May 2022 | Lot 13

31 King Street, Hoyland, Barnsley, South Yorkshire S74 9JU

*Guide | £90,000 - £100,000 (plus fees)

  • Mixed Use
  • Tenure: See Legal Pack

Call the team on 0114 223 0777 for more information

Auction Date

Thu 26/05/2022

Auction Time

14:00

Auction Venue

Livestream, Online

FOR SALE VIA LIVESTREAM AUCTION ON THURSDAY 26TH MAY AT 2PM!

A fantastic, fully tenanted, mixed-use investment opportunity that is generating an annual income of £9,600, comprised from the shop that is fully let for £325 pcm and the upstairs duplex flat at £475 pcm on an unfurnished basis giving an annual yield of over 10%! The commercial unit downstairs has been fully refitted by the current tenant and is a successful beauty salon with a large customer base. It features a large showroom area including a reception desk, as well as a separate kitchen area and W/C. The large upstairs flat is newly refurbished and split over two levels, also features its own private rear access. It is comprised of a modern kitchen on the ground floor and the living room, bathroom, and bedroom on the first floor. Hoyland is a popular commuter town and this property occupies a prime location on the main street with local amenities including a supermarket that is a 5-minute walk away.

Tenure

See Legal Pack

Ground Floor Shop

Shop Floor W/C Kitchen

First Floor Duplex Apartment

Kitchen Bathroom Bedroom Living Room

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Barnsley Metropolitan Borough Council

Solicitors

Heseltine Bray & Welsh, 29 Church Street, Ref: Heseltine Bray & Welsh

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.