Retail/Shop For Sale, Doncaster
2 photos
£320,000 Freehold
1 & 1a Castlegate, Doncaster, DN11 9QP
Type
Retail/Shop
Status
Available
Size
312 sq ft
Key Features
- 2 Commercial units
- Long leasehold interest in 3 flats
- Popular and well regarded village
- 1 castlegate let to Juicy Fruits until 31/10/2027 on a contracted-out lease
- Juicy Fruits trading for c.28 years from the property
- 1a Castlegate 1 year from March 2022
- Barbers trading since c.2008
- Total rental income: £20,342 p.a
Property Details
Description & Accommodation
Two Prominent Retail Units, Fronting A Busy Street Located In The Affluent Village Of Tickhill With Reversionary Interest In The 3 Flats Above.
Leases
1 Castlegate (juicy Fruits) Is Held On A 5 Year Contracted Out Lease From 1/11/2022 At A Rent Of £12,000 P.a The Business Has Been Trading Since C.1994. 1a Castlegate (the Barber Shop) Is Let On A 1 Year Lease From 2022 At A Rent Of £8,342 P.a. The Tenant Has Been In Occupation Since 2008.
The 3 Flats Are Let On 125 Year Leases From January 1985 And They Have Approximately 87 Years Remaining. We Understand Each Flat Pays A Ground Rent Of £10.00 P.a
Note: The Sale Will Be Subject To The 1987 Landlord And Tenancy Act, As Amended By The Housing Act Of 1996 If Required.
Two Prominent Retail Units, Fronting A Busy Street Located In The Affluent Village Of Tickhill With Reversionary Interest In The 3 Flats Above.
Leases
1 Castlegate (juicy Fruits) Is Held On A 5 Year Contracted Out Lease From 1/11/2022 At A Rent Of £12,000 P.a The Business Has Been Trading Since C.1994. 1a Castlegate (the Barber Shop) Is Let On A 1 Year Lease From 2022 At A Rent Of £8,342 P.a. The Tenant Has Been In Occupation Since 2008.
The 3 Flats Are Let On 125 Year Leases From January 1985 And They Have Approximately 87 Years Remaining. We Understand Each Flat Pays A Ground Rent Of £10.00 P.a
Note: The Sale Will Be Subject To The 1987 Landlord And Tenancy Act, As Amended By The Housing Act Of 1996 If Required.
Location
Craven Wildsmith Ltd
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Retail/Shop For Sale, Doncaster
£320,000 Freehold
1 & 1a Castlegate, Doncaster, DN11 9QP
Property ID: 95210
Craven Wildsmith Ltd
View all properties
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Craven Wildsmith Ltd