31-33 Church Street, Barnsley, South Yorkshire, S70 2AH
INVESTMENT
For Sale - £390,000 Guide Price
Mixed use investment producing £35,810 per annum
Long established Tenants
Prominent Town Centre position opposite Barnsley College and close to Town Centre facilities
Over 10 year unexpired lease term on retail premises
Description
The property comprises of a substantial three storey building comprising of a retail shop on the ground floor and four self-contained apartments on two upper floors. The property is thought to date from around 1890 and is constructed with coursed stonework walls surmounted by a hipped roof covered with slates. The property is fully let producing a gross income of £35,810 per annum with scope for income improvement.
Terms
Freehold. The ground floor premises are held by way of a 15 year lease from 18th January 2019 at £10,850 per annum.
Flat 1 is let on an AST at £450 pcm
Flat 2 is let on an AST at £550 pcm
Flat 3 is let on an AST at £540 pcm
Flat 4 is let on an AST at £540 pcm
For more information or to book a viewing, contact: