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Barnsley - Freehold Vacant Bar/Nightclub with Residential Development Potential

For sale: £250,000.00|7,437 Sq Ft|General Retail, Leisure Property, Pubs/Bars/Clubs, Retail, Licensed & Leisure

Property details

FOR SALE£250,000.00
SIZE7,437 Sq Ft
ADDRESS32 Wellington Street, Barnsley, South Yorkshire, S70 1SW
TYPEGeneral Retail, Leisure Property, Pubs/Bars/Clubs, Retail, Licensed & Leisure
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON26th May 2022

Description

Investment Consideration:
Vacant possession
ERV: £22,000 p.a. GIY: 8.80%
VAT is applicable to this property
Comprises ground floor bar/nightclub with ancillary accommodation at basement, first, second and third floor
Total area size 690.85 sq m (7,437 sq ft)
Residential development potential subject to obtaining the necessary consents
Nearby occupiers include Boots, Primark and McDonalds, amongst others.

Development Potential:
Residential development potential subject to obtaining the necessary consents

Property Description:
Comprises ground floor bar/nightclub with ancillary at basement, first, second and third floor, providing the following accommodation:
Basement: 126.10 sq m (1,357 sq ft)
Ground Floor: 174.00 sq m (1,873 sq ft)
First Floor: 173.05 sq m (1,863 sq ft)
Second Floor: 139.60 sq m (1,503 sq ft)
Third Floor: 78.10 sq m (841 sq ft)
Total area size 690.85 sq m (7,437 sq ft)

Tenancy:
The property is at present vacant. ERV: £22,000 p.a.

Location:
Barnsley is a large market town in South Yorkshire. The town is near to the M1 motorway and is served by Barnsley Interchange railway station on the Hallam and Penistone Lines. The property is located in the heart of the town centre, with occupiers nearby including Boots, Primark and McDonalds, amongst others.

Location

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Location: 32 Wellington Street, Barnsley, South Yorkshire, S70 1SW

Barnsley (0.2 miles)

Dodworth (1.5 miles)

Darton (3.3 miles)

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