45-47 Masbrough Street Rotherham S60 1PB
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· Detached light industrial warehouse with offices and yard
· Gross internal area 527.6 sq m (5,680 sq ft)
· Useful secure loading yard 195 sq m (233 sq yds)
· Annual Rental - £22,000 per annum exclusive
· Freehold Available – Asking Price £220,000
(UNDER OFFER)
LOCATION
The property is located to the western side of Masbrough Street approximately 200 yards away from the junction with College Road which subsequently links to College Road roundabout (Centenary Way), Rotherham’s ring road system some 400 yards from the subject property. Rotherham Town Centre is within a quarter of a mile, the new railway station within 300 yards and Centenary Way provides access to Junction 33 of the M1 Motorway approximately three miles due south.
DESCRIPTION
The property comprises a purpose built light industrial warehouse with ancillary offices and yard. It is understood that the property was built in the early 1970’s for a fruit and vegetable wholesale warehouse. The principal building is a double bay steel portal frame warehouse with brick and profile clad elevations to an eaves height of approximately 5.5 m (18 ft) with each bay being surmounted by a mono pitch roof over. Each industrial area benefits from commercial vehicle access, one via concertina access doors directly onto Masbrough Street and the second via a large roller shutter commercial vehicle access door onto the yard area.
To the front of the property is a single storey office and amenity area of cavity brick construction with felt roof over.
ACCOMMODATION
The accommodation is arranged as follows:-
INDUSTRIAL WAREHOUSE 1 GIA 184.8 sq m (1,990 sq ft)
INDUSTRIAL WAREHOUSE 2 GIA 244.3 sq m (2,630 sq ft)
REAR STORE ROOM 38.6 sq m (416 sq ft)
OFFICE AREA WITH CENTRAL OFFICE,
MANAGER’S OFFICE, KITCHEN, OFFICE 3,
STORE, RECEPTION LOBBY SEPARATE
GENTS AND LADIES WC Total Area – 59.7 sq m (643 sq ft)
In summary, the building has a total useable area of 527.6 sq m (5,680 sq ft)
Externally
There is a small secure yard providing space for access, parking and storage totalling 195 sq m (233 sq yds).
SERVICES
The property benefits from mains water and electricity.
RATING ASSESSMENT
Rateable Value - £17,250
TERMS OF OFFER
The property is available Leasehold by way of a new 3, 6 or 9 year fully repairing and insuring lease with provision for three yearly rent review at a commencing rent of £22,000 per annum exclusive.
Alternatively the property is available Freehold with vacant possession.
Freehold Asking Price - £220,000
LEGAL COSTS
The ingoing tenant will be responsible for the landlord’s reasonable legal costs in connection with the drafting of the lease for the property.
VAT
VAT may be payable on the rental and/or sale price.
Interested parties are requested to satisfy themselves as to the applicable VAT position, if necessary by taking the appropriate professional advice.
VIEWING
For viewing and further information please contact George Thompson at the Sole Agents
Fernie Greaves:-
Telephone - 0114 244 9121
Fax - 0114 242 5329
E-mail - george.thompson@ferniegreaves.co.uk