11-13 Market Street Barnsley S70 2PX

  • 11-13 Market Street<br>Barnsley<br>S70 2PX

11-13 Market Street
Barnsley
S70 2PX

Freehold Retail Investment

  • Let to Ladbrokes Betting and Gaming Ltd until October 2022 (No Breaks)
  • Ladbrokes in occupation since 2006
  • Prominent Town Centre position
  • Neighbouring occupiers include HSBC, Lloyds, Santander, Marks and Spencer, Topshop and Boots
  • Lot
    44
  • Auction
    23rd May 2013
  • Rent
    £32,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    The Dorchester Hotel
    Park Lane Entrance
    Mayfair
    London W1K 1QA
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Freehold Retail Investment

  • Let to Ladbrokes Betting and Gaming Ltd until October 2022 (No Breaks)
  • Ladbrokes in occupation since 2006
  • Prominent Town Centre position
  • Neighbouring occupiers include HSBC, Lloyds, Santander, Marks and Spencer, Topshop and Boots
  • Lot 44
  • Auction 23rd May 2013
  • Rent £32,000 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    Leisure
  • Auction Venue
    The Dorchester Hotel
    Park Lane Entrance
    Mayfair
    London W1K 1QA

Property Information

Location
Miles
16 miles north of Sheffield
22 miles south of Leeds
Roads
A62, A635, A628, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Leeds Bradford International Airport
Situation

The property is situated in the heart of the busy town centre, close to the junction with the pedestrianised Peel Square and the central retail area. Barnsley Town Hall is some 100 yards from the property. Neighbouring occupiers include HSBC, Santander, Lloyds, Marks and Spencer, Topshop and Boots.

Tenure

Freehold.

Location
Miles
16 miles north of Sheffield
22 miles south of Leeds
Roads
A62, A635, A628, M1 (Junction 37)
Rail
Barnsley Railway Station
Air
Leeds Bradford International Airport
Situation

The property is situated in the heart of the busy town centre, close to the junction with the pedestrianised Peel Square and the central retail area. Barnsley Town Hall is some 100 yards from the property. Neighbouring occupiers include HSBC, Santander, Lloyds, Marks and Spencer, Topshop and Boots.

Tenure

Freehold.

Description

The property comprises two ground floor retail units, one of which benefits from first floor ancillary accommodation.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two ground floor retail units, one of which benefits from first floor ancillary accommodation.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground Retail
132.11 sq m
(1,422 sq ft)

LADBROKES
BETTING AND
GAMING LTD (1)

10 years from 01/10/2012
until 2022
£32,000 01/10/2017
Ground
First
Retail
Ancillary
148.74 sq m
272.39 sq m
(1,601 sq ft)
(2,932 sq ft)

T C DUDLEY
LIMITED

999 years from
completion of sale
Peppercorn
Totals  
553.24 sq m
(5,955 sq ft)
    £32,000  

(1) For the year ending 31/12/2011, Ladbrokes Betting and Gaming reported a turnover of £694,138,000, pre-tax profits of £111,963,000 and a total net worth of £885,620,000. (Source: www.riskdisk.com 26/04/2013)

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Richard Pearlman LLP 27 Phipp Street
London
EC2A 4NP
David Onnie 0207 739 6100dro@rpandco.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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