Lot 205A
    Retail Property (high street)
    Unit 16 College Walk Shopping Centre
    6 College Walk, Rotherham, South Yorkshire, S60 1QB
    £100,000+
    Guide Price (plus fees)
    Number 1
    A Ground and First Floor Commercial Unit Subject to a Lease Producing £15,000 Per Annum Reflecting a Gross Initial Yield of 15%

    Description

    The property comprises a ground and first floor commercial unit situated within a shopping centre arranged over ground and first floors.

    Tenure

    Freehold

    Location

    The property is situated in Rotherham city centre close to local shops and amenities. Nearby multiples inclidie Home Bargains, Boots and Greggs. The open spaces of Herringthorpe Playing Fields are within easy reach. Transport links are provided by Rotherham Central rail station.

    Accommodation

    Ground Floor
    Retail Area
    G.I.A Approximately 107 sq m (1,154 sq ft)

    First Floor
    Retail Area
    G.I.A Approximately 64 sq m (704 sq ft)

    Tenancy

    The property is subject to a lease for a term of 5 years commencing 2025 at a rent of £15,000 per annum.

    VAT

    VAT is applicable

    EPC Rating

    D

    Addendum

    For the avoidance of doubt, the property is let and not as previously stated.
    Open for Viewings During Normal Business Hours
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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    Additional Fees and Disclaimer

    Administration charge: £1,800 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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