Property Summary

Part-let retail / office investment.

Property Type: Offices and Retail.

Address: 79 & 79A Wellgate, Rotherham, S60 2LZ.

Price: For Sale: o/a £135,000

Floor Area: 1,707ft2 (158.58m2)


Location

The property is situated at the junction of Wellgate and Clifton Mount, with Mansfield Road also being located close by. The area is one of a mixture of retail premises to Wellgate and professional and residential occupiers on Mansfield Road. Nearby occupiers include for Wellgate Post Office, Lloyds Bank and Norton Finance. 


Brief Description

The subject property comprises a predominantly two-storey end of parade property, flush fronted to Wellgate and also benefitting from a secured surfaced car park on Clifton Mount which will accommodate 4/6 domestic vehicles. The ground and first floor accommodation are entirely self-contained. The ground floor accommodation is presently trading as a Bridal Shop, with the first floor accommodation being utilised for office purposes. 

The property benefits from a prominent frontage display, partial air-conditioning and is well presented to all aspects. The basement cellar accommodation has been significantly improved to provide for a small office area together with a good storage facility.


Accommodation

Approximate net internal floor area:
 
  ft2 m2
Basement    
Office / store 112 10.40
Ancillary store 31 2.87
Main storage area 185 17.18
Ground Floor    
Sales area 524 48.68
Rear sales 122 11.33
Kitchen - with W.C & wash hand basin off. 96 8.91
First Floor    
Kitchen / reception area 107 9.94
Office 1 113 10.49
Office 2 179 16.62
Office 3 238 22.11
W.C off kitchen.    
Total 1,707 158.53

Rating Assessment

We have consulted with the Valuation Office Agency and understand the ground floor accommodation of the property has a rateable value of £5,200 and is listed as Shop & Premises and the first floor accommodation has a rateable value of £3,800 and is listed as Offices and Premises. Please note this figure does not constitute the business rates payable.


Fixtures & Fittings

The fixtures and fittings mentioned in this brochure will remain available for the benefit of the ingoing occupier; neither the Agent nor their Clients can offer any form of warranty as to their working order, or suitability for any particular purpose.


Services

Mains water, electricity and drainage together with partial air-conditioning are supplied and connected. None of the services have, however, been tested. We would recommend all interested parties to satisfy themselves as to the suitability and capacity of all services prior to entering into any legal and financial commitment.


Planning

The ground floor accommodation is presently utilised as a Bridal Shop which falls within Use Class A1 of the Town and Country Planning (Use Classes) (Amendment) (England) Order 2005. The property has the potential to be utilised for a range of commercial purposes and interested parties are advised to liaise with the Local Planning Authority prior to exchange of Contracts in respect of any use they may propose to implement at a future date. The first floor accommodation is utilised as offices, with the current use falling within Use Class B1 of the Town and Country Planning (Use Classes) (Amendment) (England) Order 2005.


Tenure

The property is understood to be freehold.


Lease

The ground and basement cellar is Let to a Lisa Jane Middlemiss for a Term of 10 years with effect as from 26 July 2012, with the permitted use being as a retail shop within Use Class categories of A1 and A2 of the Town and Country Planning (Use Classes) (Amendment) (England) Order 2005. The Agreement is essentially on internal repairing and insuring Terms at a rental of £10,000 per annum exclusive of rates and all other outgoings. The Lease includes for security of Tenure provisions but there is the possibility the Tenants may be prepared to provide for vacant possession, by agreement, at a date to expiration of the Tenancy.


Price

o/a £135,000.


Energy Performance Certificate

The ground floor accommodation has an EPC rating of 86 ("Band D"). The first floor accommodation has an EPC rating of (*). A copy of the EPC is available on request.


VAT

No VAT is payable on rent or purchase price.


Money Laundering

The Money Laundering Regulations currently place a legal requirement on a prospective purchaser to provide two acceptable forms of I.D.


Viewing & Further Details

Viewing and further information is available by contacting the Sole Agent, Burgess Commercial on 01709 721706.


Disclaimer

Nothing in this brochure may be taken as offering any warranty as to the existence, suitability, adequacy or serviceability of any mains or other service, central heating installation, fixture or fitting, plumbing or wiring installation, security system, remedial or treatment work. Measurements are taken by a Disto laser measuring device. We would suggest that purchasers or Tenant’s satisfy themselves as to their accuracy prior to purchase or entering into a Lease.

 

Part-let retail / office investment.

Property Type: Offices and Retail

79 & 79A Wellgate, Rotherham, S60 2LZ.

For Sale: o/a £135,000

Size: 1,707ft2 (158.58m2)

Request more information

or use the details below:

01709 721 706

info@burgesscommercial.co.uk