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AGENT'S DETAILS


1 Bridgegate, Rotherham, S60 1PH

For sale: £250,000.00|1862 Sq Ft|Retail - High Street, Retail

PROPERTY DETAILS

FOR SALE£250,000.00
SIZE1862 Sq Ft
ADDRESS1 Bridgegate, Rotherham, S60 1PH
TYPERetail - High Street, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON29th June 2020

DESCRIPTION

The property comprises a prominent town centre retail investment let to Ladbrokes Betting and Gaming Ltd at a rent of £21,442.50 per annum for 15 years expiring on the 23rd June 2025.

A purchase at £250,000 reflects a net initial yield of 9.29% after usual purchasers costs of 2.6%.

Ladbrokes Betting and Gaming Ltd with a turnover for the year ending 31st December 2016 of £843,978,000 and a total net worth of £722,200,000.
( Agency Pilot Software Ref: 5475 )

LOCATION

Location: 1 Bridgegate, Rotherham, S60 1PH

Rotherham Central (0.1 miles)

Meadowhall (2.5 miles)

Darnall (4.0 miles)

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