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19 High Street Rotherham

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19 High Street Rotherham

 · Lockup ground floor retail unit totalling 203.3 sq m (2,189 sq ft)
· Annual Rental - £23,000 per annum exclusive
· Rental incentives available
                                                                                                   

    G:  Office Records/HAM007/009036/120111PA


LOCATION

The property is situated to the southern side of High Street in a parade of retail units.  Nearby occupiers include Rotherham and Barnsley Chambers of Commerce and Primark.

Rotherham Metropolitan Borough Council are currently involved in a Town Centre initiative and works have been undertaken to a number of retail units to improve the appearance of the High Street area.

Rotherham has a population of approximately 120,000 and lies three miles away from Junction 33 of the M1 Motorway and six miles east of Sheffield.

DESCRIPTION

The property comprises a mid terrace ground floor retail unit with raised rear sales area.  The unit benefits from ancillary accommodation to the rear.

ACCOMMODATION

The accommodation is summarised as follows:-

Ground Floor

SALES AREA 2188 sq m (2,024 sq ft)

STORE ROOM 1 7.9 sq m (85 sq ft)

STORE ROOM 2 7.4 sq m (80 sq ft)

WC AREA -

SERVICES

 

RATING ASSESSMENT

The Rateable Value is £7,600 per annum.

PLANNING

It is understood that the property was previously used for retail purposes.

TERMS

The property is available by way of a new five year fully repairing and insuring lease.

 
ANNUAL RENTAL

£23,000 per annum exclusive.

INCENTIVE

Rotherham Metropolitan Borough Council are currently offering an incentive, subject to contract and covenant strength, for retailers who take new accommodation within the Town Centre.

It is understood that the Council may be prepared to contribute 50% of the first years rental and 25% of the second years rental assuming a five year lease term.

For further enquiries, please consult with Rotherham Investment and Development Office – telephone 01709 254444.

LEGAL COSTS

The ingoing tenant will be responsible for the landlord’s reasonable legal costs in connection with the new lease.

VAT

VAT will be payable on the rental and/or any other payments detailed above.

VIEWING

For viewing and further information, please contact George Thompson at the Sole Agents Fernie Greaves Limited.

Tel –  0114 244 9121
Fax –  0114 242 5329
E-mail –  george.thompson@ferniegreaves.co.uk