12-14 High Street, Hoyland, Barnsley, S74 9AB
INVESTMENT
609 - 2,450 sq ft (56.58 - 227.61 sq m)
For Sale - £275,000 Guide Price
Prominent Town Centre Position
Mixed Retail and Residential Investment
Freehold Retail/Residential Investment
Currently Producing £26,600 pa
Description
The property comprises of two retail shops on the ground floor currently one operating as a Fish and Chip takeaway and the other a Tea Room. There is a self-contained flat on the first floor which comprises of a kitchen, living room/dining room, bathroom and two bedrooms.
Accommodation
| Description | Sq Ft | Sq M |
|---|---|---|
| 12 High Street Ground Floor | 646 | 60.01 |
| 12 High Street First Floor | 509 | 47.29 |
| External Preparation Room | 100 | 9.29 |
| 14 High Street | 1195 | 111.02 |
| Total | 2,450.00 | 227.61 |
Terms
The property is held freehold subject to the following tenancies:
* 12 High Street: Seabird Fish and Chip Shop - 15 year lease from 10th June 2013 with 3 yearly upward only rent reviews @ £12,500 per annum
* 14 High Street: Tea Room - 2 year lease from 12th October 2023 at £7,200 for year one and £8,400 for year two.
* First Floor - 12 High Street: AST from February 2024 at £575pcm
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