2 bedroom Mixed Use in Rotherham
20 - 22 Doncaster Road, Goldthorpe, Barnsley, Rotherham, South Yorkshire S63 9HH
- Lot No: 40
- Property Type: Mixed Use
- Contract Type: Unconditional with Variable Fee
Guide Price* £145,000+ plus fees
Property Description
A freehold mid terraced mixed use investment opportunity comprising a double fronted commercial unit to the ground floor along with 2 x one bed apartments above, offered part let and generally in a good state of repair with the potential to increase the income by letting the ground floor commercial unit. Current income £9,100pa. The upper floor is accessed from a stair case to the rear with space for vehicular parking and we been advised the apartments are held on AST agreements. Flat 20A pays 85p/w and will be subject to a fresh 12 month AST upon completion date. Flat 22A pays £90p/w and will be subject to a fresh 12 month AST upon completion date. Total income £9,100pa. Rents could be increased in line with current rents following the 12 month initial term if the buyer wishes. The retail unit below benefits from A1/A2 Retail use classification and extends circa 1,184 sq ft and has roller shutters and wc facilities. We feel the unit could be partitioned to offer two separate units thus increasing the potential gross income of the property. Vacant (Potential income £12,000 - £15,000pa). The building fronts Doncaster Road with Goldthorpe Railway station within walking distance. Goldthorpe is equidistance between Barnsley, Doncaster and Rotherham and provides easy access to the A1M. We note there is a development underway within walking distance comprising 130 plus new homes and a second scheme a little further away comprising 127 new homes.
Flood Risk
Rivers and Seas No Risk. Surface Water Very Low.
Mobile Phone Coverage
O2, EE, Three and Vodafone are available.
Broadband (estimated speeds)
Standard 18 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.
Satellite and Cable TV Availability
BT and Sky are available.
Construction Material
Solid brick, as built, no insulation (assumed).
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 21st November 2024
Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
Lot Information
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