Entirely let to Co-operative Group Food Ltd on a new 20 Year Lease until 2033 (subject to option)
Rent subject to 5 yearly RPI increases
Main Road Location
Benefits from large on-site car park
Six Week Completion
Lot 12
Auction 17th October 2013
Rent £50,000 per Annum Exclusive
Status Sold Post
Price
Sector Supermarket/Convenience
Auction Venue The Millennium Hotel 44 Grosvenor Square Mayfair London W1K 2HP
On the Instructions of Spirit Pub Group
Property Information
Location
Miles
5 miles south-east of Barnsley, 12 miles west of Doncaster, 16 miles north of Sheffield
Roads
A635, A6195, M1 (Junction 37), A1 (M)
Rail
Barnsley Train Station
Air
Robin Hood Airport, Doncaster Leeds Bradford International Airport
Situation
The property is located on the southern side of the busy Barnsley Road some 0.4 miles from the A635 which connects Doncaster to Manchester via Barnsley.
The property lies close to Darfield Village centre in a predominantly residential area, also being within close proximity to the local primary school.
Tenure
Freehold.
Location
Miles
5 miles south-east of Barnsley, 12 miles west of Doncaster, 16 miles north of Sheffield
Roads
A635, A6195, M1 (Junction 37), A1 (M)
Rail
Barnsley Train Station
Air
Robin Hood Airport, Doncaster Leeds Bradford International Airport
Situation
The property is located on the southern side of the busy Barnsley Road some 0.4 miles from the A635 which connects Doncaster to Manchester via Barnsley.
The property lies close to Darfield Village centre in a predominantly residential area, also being within close proximity to the local primary school.
Tenure
Freehold.
Description
The property comprises a newly reconstructed ground floor retail unit trading as a convenience store. The property benefits from a large car park for approximately 32 cars.
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 a newly reconstructed ground floor retail unit trading as a convenience store. The property benefits from a large car park for approximately 32 cars.
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.
Reviews
Ground Basement
Retail/Storage Ancillary
376.90 sq m Not measured
(4,057 sq ft) Not measured
CO-OPERATIVE GROUP FOOD LTD (1)
20 years from 21/06/2013 until 20/06/2033 on a full repairing and insuring lease (2) (3)
£50,000
21/06/2018 and five yearly thereafter (4)
Totals
376.90 sq m
(4,057 sq ft)
£50,000
(1) The Co-operative Group Food Ltd is the fifth largest food retailer in the United Kingdom operating over 3,300 stores of various sizes with the biggest geographical spread of any retailer (Store: http://www.co-operative.coop/ 20/09/2013) (2) The basement area is subject to a schedule of condition. (3) The lease provides a tenant option to determine on the tenth anniversary of the term. (4) The lease is subject to 5 yearly upward only rent reviews in line with RPI subject to a minimum of 1% p.a. and maximum of 4% p.a. (5) Areas stated have been calculated on a GIA basis.
