Retail premises for sale in Effingham Street, Rotherham S65, £120,000

120,000.00

Offer Nr.:
65379546
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
SMC Chartered Surveyors
Phone(s):
0114 446 9322

* Freehold
**Key Points**
* Accommodation over ground floor, 1st and 2nd floors
* Located in Effingham Street in Rotherham town centre
* Available to let or for sale
* Small business rate relief should apply for a tenant / occupier
**Description**
The property comprises a mid terrace retail premises with upper floor
ancillary accommodation. Internally the ground floor includes a sales area
with side internal staircase to the upper floors. The property benefits from
an internal security shutter.
**Location**
The property is located on Effingham Street in Rotherham town centre in the
primary retailing location in the town. The property is located on the
pedestrianised section of Effingham Street. The property is close to number of
notable occupiers including Halifax Bank, Poundworld, Paddy Power, Greggs, EE,
plus many other local traders.
**Rateable Value**
From the information obtained from the Valuation Office Agency website we
understand the demise is rated as follows: -
Address: 28, Effingham Street, Rotherham, South Yorkshire, S65 1AJ
Description: Shop and premises
Rateable Value: £7, 400
Small Business Rates relief should be available to applicable parties,
although we would advise prospective parties to verify the matter with the
local rating office.
**Planning**
The property was most recently used as a vape shop. We would anticipate the
property would be suitable for a variety of other retail uses, although we
would recommend interested parties make independent enquiries.
**Rent / Lease Terms**
The property is offered on a new lease at a rental of £12, 000 per annum. VAT
is not payable on the rent.
**Tenure**
Freehold is offered for sale. Title number: SYK461074
**Price**
£120, 000. VAT is not payable on the price.
**Legal Costs**
Each party to bear their own legal costs incurred in this transaction.
**Identity Checks**
In order to comply with Anti - Money Laundering Legislation, the successful
purchaser/tenant will be required to provide certain identification documents.
The required documents will be confirmed to and requested from the successful
purchaser/tenant.

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