Auction (Commercial) 12,667 SqFt Mexborough
Freehold £400,000 Guide Price
The Montagu Building, Mexborough, South Yorkshire, S64 9AJ
- FOR SALE BY PRIVATE TREATY
- 12,667 SqFt Over Two Floors
- Comprising Ground Floor Retail And First Floor Office Space
- Part Let Producing £45,000pa
- Huge Development Potential / Conversion Of Upper Floor To Residential
- Building Land To The Rear For 6 Townhouses (planning lapsed)
- GUIDE PRICE £375,000 - £400,000
- The Montagu Building, Mexborough
FOR SALE BY PRIVATE TREATY
GUIDE PRICE £375,000 - £400,000
A commercial property of approx 12,667 SqFt comprising 4 retail units and 8 arcade units on the ground floor with the arcade units currently generating circa £45,000 and the retail units being vacant and requiring refurbishment. The first floor is part vacant and has scope for conversion for circa 8 bedsits or 4 self contained apartments (subject to planning permission).
To the rear of the property there is a development site (accessed off Dolcliffe Road) which has had planning for the erection of 6 town houses (this planning has since lapsed) details can be found under planning ref; 09/02444/FUL.
Mexborough is situated with the triangle of Doncaster, Rotherham and Sheffield, has a decent-ish high street for a small town on the outskirts of larger towns and cities, a train station and with nearby operators such as Lidl and Weatherspoons.
Ground Floor - 7,567 SqFt
First Floor - 5,100 SqFt
The adopted rateable value is not known not available or not applicable unless specified.
The premises are available to let on flexible lease terms for term to be agreed. The tenant shall be responsible for the cost of insurance all repairs and decorations and a proportion of the cost of maintaining any common parts.
Viewings strictly by prior appointment with the agents: Jason Barnsdale MRICS Barnsdales - Chartered Surveyors Tel: 01302 308 174 [email protected]
Each party is to be responsible for their own legal costs incurred in this transaction.
EPC awaited or not required