226 & 228 Barnsley Road Cudworth Village Barnsley South Yorkshire S72 8UH

226 & 228 Barnsley Road
Cudworth Village
Barnsley
South Yorkshire
S72 8UH

Freehold Betting Office Investment

Entirely let to Coral Racing Limited until February 2027 (No breaks)
Extensive improvements undertaken by tenant in 2021 to include new shop front, fit out and roof coverings
Change of use/development potential of unused first floor (subject to lease & consents)
Nearby occupiers include Co-op and Aldi Supermarkets along with several independent retailers
VAT-free investment

Lot
40
Auction
31st March 2022
Rent
£12,236 per Annum Exclusive
Status
Sold
Price
£167,500
Auction Venue
Live Streamed Auction

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Freehold Betting Office Investment

Entirely let to Coral Racing Limited until February 2027 (No breaks)
Extensive improvements undertaken by tenant in 2021 to include new shop front, fit out and roof coverings
Change of use/development potential of unused first floor (subject to lease & consents)
Nearby occupiers include Co-op and Aldi Supermarkets along with several independent retailers
VAT-free investment

Lot 40
Auction 31st March 2022
Rent £12,236 per Annum Exclusive
Status Sold
Price £167,500
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Roads: A628, A6195, A635
Rail: Barnsley Station
Air: Leeds/Bradford Airport

Situation

The property is prominently positioned on Barnsley Road in the centre of Cudworth village, approximately 3 miles north-east of Barnsley town centre. Nearby occupiers include Co-op and Aldi Supermarkets along with several independent retailers.

Tenure

Freehold.

Location

Roads: A628, A6195, A635
Rail: Barnsley Station
Air: Leeds/Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground and first floors. The tenant does not use the first floor.
The property has the benefit of future development potential, subject to the lease and consents. Indicative drawings are available from the auctioneers to convert the first floor and add a second/third floor to create five flats.

VAT

VAT is not applicable to this lot.

Completion Period

6 Week Completion

EPC

Band C.

Description

VAT

VAT is not applicable to this lot.

Completion Period

6 Week Completion

EPC

Band C.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx sq m)	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.
Ground First	Retail/Ancillary Ancillary (Restricted access)	76.45 sq m 67.20 sq m	(823 sq ft) (723 sq ft)	CORAL RACING LIMITED (1)	16 years from 03/02/2011 on a full repairing & insuring lease.	£12,236
Total		143.65 sq m	(1,546 sq ft)			£12,236

(1) www.sports.coral.co.uk

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.