Occupation - Patchwork Pig occupies the retail unit with two one bed flats on the first and second floors. The ground floor retail unit is let on a 5 years lease (FRI) from 01/10/2012 with the rent rising to £12,600 pax in the 5th year (currently £12,000 pax). The flats are occupied on assured shorthold tenancy agreements with rental income totalling £9,504 pax. The flats have an ERV of £10,500 pax.
Planning - The building is mixed use of retail and residential flats. Prospective purchasers should make their own enquiries with Rotherham Council’s Planning department.
Rating Assessment - 20 High Street has a rateable value of £4,150. For an accurate figure on the business rates payable, and information on any relief, prospective purchasers are advised to contact the Business Rates Department at the Local Borough Council.
Services - Mains water, electricity, drainage, gas and BT are all available. Prospective purchasers should make their own enquiries to confirm the location and capacity of these services.
Price - POA.
Method of Sale - The sale will be by private treaty.
Viewing - Viewings are by appointment only. Please contact the sole agents on 0113 286 7006.