Property Summary

Ground floor retail unit to let with a freehold sale considered.

Property Type: Retail.

Address: 74 Montgomery Square, Wath upon Dearne, Rotherham, S63 7RZ.

Price: To Let: £15,000 p.a.

Floor Area: 3,813ft2 (354.24m2)


Location

The property is situated within the principal retailing area of Wath town centre with nearby occupiers including for Wetherspoons. Staniforths, public library and numerous other local retailers. The property is more particularly situated at the junction of Montgomery Square and Church Street with the benefit of a car park accommodating 15 vehicles to the rear. 


Brief Description

The subject property comprises a substantial ground floor retail unit, whilst presently utilised for retailing purposes, offers possibility for alternative uses being implemented subject to planning consent being obtained. The property benefits from a prominent shop front to Montgomery Square with a delivery facility to the rear off Church Street.


Accommodation

Approximate net internal floor area:

  ft2 m2
Ground Floor    
Sales area 2,833 263.19
Warehouse 788 73.20
Staff room 149 13.84
Ancillary storage 43 3.99
Ladies & gents toilet facilities.    
Total 3,813 354.22

Rating Assessment

We have consulted with the Valuation Office Agency and understand the property has a rateable value of £20,750 and is listed as “Shop and Premises”. Please note this figure does not constitute the business rates payable. As a consequence of a recent Government Directive it is possible the property may be exempt from business rates – interested parties are advised to liaise with the Local Authority prior to entering into any form of financial commitment.


Fixtures & Fittings

The fixtures and fittings mentioned in this brochure will remain available for the benefit of the ingoing occupier; neither the Agent nor their Clients can offer any form of warranty as to their working order, or suitability for any particular purpose.


Services

Mains electricity, water and drainage are supplied and connected. None of the services have, however, been tested. We would recommend all interested parties to satisfy themselves as to the suitability and capacity of all services prior to entering into any legal and financial commitment.


Planning

The premises are presently utilised for retail purposes with the existing use falling within Class A1 of the Town and Country Planning (Use Classes) (Amendment) (England) Order 2010. The property has potential to be utilised for a range of purposes including for business and leisure. We would recommend any seriously interested parties to make all enquiries with the planning department of the Local Borough Council prior to entering into any form of financial commitment. 


Terms

The premises are available by way of a new Lease on flexible Terms at an initial rental of £15,000 p.a. The property may also be available for purchase, with the freehold interest also including title to the first and second floor accommodation located directly above. The afore-mentioned accommodation is subject to a Lease expiring on 1 January 2070 at a peppercorn rental. The freehold interest in the whole property is available at an asking price of offers around £250,000.


Energy Performance Certificate

The property has an Energy Performance Certificate (EPC) Rating of 84 ("Band D"). A copy of the EPC is available on request.


VAT

Prices quoted are exclusive of VAT but may be subject to VAT.


Money Laundering

The Money Laundering Regulations currently place a legal requirement on a prospective Tenant to provide two acceptable forms of I.D.


Viewing & Further Details

Viewing and further information is available by contacting either of the Joint Sole Agents, Burgess Commercial on 01709 721706 or Mark Jenkinson & Son on 01142 760151.


Disclaimer

Nothing in this brochure may be taken as offering any warranty as to the existence, suitability, adequacy or serviceability of any mains or other service, central heating installation, fixture or fitting, plumbing or wiring installation, security system, remedial or treatment work. Measurements are taken by a Disto laser measuring device. We would suggest that Purchasers or Tenants satisfy themselves as to their accuracy prior to purchase or entering into a Lease.

 

Ground floor retail unit to let with a freehold sale considered.

Property Type: Retail

74 Montgomery Square, Wath upon Dearne, Rotherham, S63 7RZ.

To Let: £15,000 p.a.

Size: 3,813ft2 (354.24m2)

Request more information

or use the details below:

01709 721 706

info@burgesscommercial.co.uk