Town Centre Retail / Kiosk Unit available To Let / For Sale

Key Points

• Accommodation over ground floor, 1st and 2nd floors
• Located in Effingham Street in Rotherham town centre
• Available to let or for sale
• Small business rate relief should apply for a tenant / occupier

Description

The property comprises a mid terrace retail premises with upper floor ancillary accommodation. Internally the ground floor includes a sales area with side internal staircase to the upper floors. The property benefits from an internal security shutter.

Available area

The accommodation comprises the following areas:

Location

The property is located on Effingham Street in Rotherham town centre in the primary retailing location in the town. The property is located on the pedestrianised section of Effingham Street. The property is close to number of notable occupiers including Halifax Bank, Poundworld, Paddy Power, Greggs, EE, plus many other local traders.

Rateable Value

From the information obtained from the Valuation Office Agency website we understand the demise is rated as follows:-

Address: 28, Effingham Street, Rotherham, South Yorkshire, S65 1AJ
Description: Shop and premises
Rateable Value: £7,400

Small Business Rates relief should be available to applicable parties, although we would advise prospective parties to verify the matter with the local rating office.

Planning

The property was most recently used as a vape shop. We would anticipate the property would be suitable for a variety of other retail uses, although we would recommend interested parties make independent enquiries.

Rent / Lease Terms

The property is offered on a new lease at a rental of £12,000 per annum. VAT is NOT payable on the rent.

Tenure

Freehold is offered for sale. Title number:SYK461074

Price

£120,000. VAT is NOT payable on the price.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

Identity Checks

In order to comply with Anti-Money Laundering Legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser/tenant.