COMMERCIAL FOR SALE
fishergerman.co.uk
Well presented investment/ owner occupier opportunity
13 Gateford Road, Worksop, S80 1DY Guide Price: £140,000 • • • •
Vacant ground floor retail unit Self contained two bedroom flat Current rent passing £5,400 per annum Potentially suit investor and owner occupier
Approximate distances: • • • • •
Retford Rotherham Sheffield Doncaster Newark
9 miles 16 miles 19 miles 19 miles 25 miles
• • • •
Ground floor previously let at £7,000 pa Prominent position Off street car parking via garage Potential for small business rates relief
Viewings and further information: Kevin Benson kevin.benson@ fishergerman.co.uk 01777 719148 07748 634848
Ben Flint Ben.flint@ fishergerman.co.uk 01777 719148 07770 822770
13 Gateford Road, Worksop, S80 1DY
FOR SALE
Description The property comprises a traditionally constructed building providing at ground floor level a self contained retail/ office unit which is fitted to a high standard and includes internal sub-divided offices, kitchen, cellar rooms, WC and is centrally heated. Accessed separately is a two bedroom flat over first and second floors in addition to which is a useful garage to the rear of the premises providing off street car parking. The flat is currently occupied under an Assured Shorthold Tenancy with an annual rent payable of £5,400. It is our opinion that the property would suit those seeking investment opportunities within the area or alternatively an owner occupier looking to acquire a retail unit with useful income stream from the let accommodation. The last letting of the ground floor was at £7,000 pa.
Location 13 Gateford Road is located in a prominent position close to the junction of Gateford Road, Carlton Road, Eastgate and Watson Road, known as Victoria Square. In addition the property lies in close proximity to a well used public car park. The surrounding users are typically commercial, many of which have residential accommodation above. Worksop is a North Nottinghamshire market town centrally positioned and is within easy reach of the surrounding centres of Doncaster, Sheffield, Rotherham, Lincoln and Nottingham. The A1(T) road and A57 Intersection are within approximately 20 minutes driving distance and the M1, M18 and M62 are within easy reach.
Accommodation Ground Floor retail/ office units 46.00m2 (495 ft2) Suspended ceiling, central heating, Cat II lighting, perimeter trunking, self contained private office, rear office, WC and kitchen. First Floor Flat Comprises kitchen, sitting room, shower room. To the second floor are two bedrooms. All measurements are approximate.
Terms Our client is seeking offers in the region of £140,000 for the freehold.
VAT We understand the property is not elected for VAT and therefore VAT is not payable in addition to the purchase price.
Services Mains water, drainage and electricity are understood to be connected to the property and the accommodation is centrally heated, via a single boiler. We must stress that none of these services have been checked or tested.
Legal costs
EPC The EPC for the ground floor is to be confirmed, but will shortly be available from the selling agents. The first floor self contained flat has an EPC rating of E.
Tenure
Each party is to be responsible for their own legal fees incurred as a result of any transaction in relation to this property.
Rating
The property is freehold and will be sold subject to tenancy in place at the time of sale.
The way forward
The commercial element of the property has a rateable value of £3,800. Therefore those qualifying occupiers will not pay any business rates in relation to the ground floor. The first floor accommodation has a council tax banding of A, this is currently paid by the occupier of the first floor.
If you are interested in leasing this property, please in the first instance contact the letting agents to confirm the properties availability. To arrange a viewing or to obtain any further information please contact either of the Surveyors as detailed on the front of these particulars, who will be more than happy to help.
Please note: Fisher German LLP and any Joint Agents give notice that: The particulars are produced in good faith are set out as a general guide only and do not constitute or form any part of an offer or any contract. No person within Fisher German has any authority to make or give representation or warranty on any property. Particulars prepared September 2016.