33 High Street & 8/10 Moorgate, S60 1PT
Location - The property is situated in Rotherham city centre, a major commercial centre in South Yorkshire. The property is centrally located, towards the western end of the pedestrianised High Street at the junction with Moorgate Street. Nearby occupiers include Primark, Subway and Reeds Rains Estate Agents.
Description - The property comprises a basement, ground and two upper floors. Healthwatch Charity occupies the basement and ground floor offices at 33 High Street with Cutthroats Hairdressers at No. 10 Moorgate Street.
- The flats are let on assured shorthold tenancy agreements with an ERV of £35,060 pax.
- 33 High Street - 3 years lease commencing on 01/07/2013 with an annual rent of £11,000 pax. The tenants are currently holding over.
- 10 Moorgate Street - 5 years lease from 01/10/15 – 30/09/20 at £6,000 pax, stepped to £6,600 from 01/10/17.
Planning - The existing building is mixed use with retail, office and residential flats occupying the site. Prospective purchasers should make their own enquiries with Rotherham Council’s Planning department.
Rating Assessment - 33 High Street has a rateable value of £7,900. 10 Moorgate Street has a rateable value of £2,900. Potential purchases are advised to make their own enquiries with the Valuation Office Agency.
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.