A mixed commercial and ground rent investment comprising a ground-floor retail unit of approximately 681 sq ft (63.3 sq m), situated within a well-established parade. The property is currently let on a 3-year commercial lease to Tennyson Optical Limited, commencing 1st May 2020, with the tenant now holding over. The lease generates £7,440 per annum at present, set to increase to £8,640 per annum from the beginning of 2028. Additionally, the ground rents are secured against the adjoining commercial units within the parade, the residential flats above, and the parking area/garages to the rear — each subject to varying terms. Full details will be provided within the Legal Pack. The property occupies a prominent position on a well-established local parade on Tennyson Road, Monk Bretton, to the north-east of Barnsley town centre.Tenure: FreeholdEPC Rating: see legal pack

Portrait Video Tour

False

Additional Fees

Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

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