Retail Property (Out of Town) in Rotherham

43-45 Barnsley Road, Goldthorpe, Rotherham S63 9LT
  • Lot No: 113
  • Property Type: Retail Property (Out of Town)
  • Contract Type: Unconditional with Variable Fee

Guide Price* £85,000+ plus fees

Result Sold Prior to Auction

Property Description

A well located, freehold double fronted shop with spacious three bedroom flat above currently let producing £10,500 per annum to a well known charity. This mixed use property is ideally located within Goldthorpe town centre, amongst a mixture of residential and commercial properties. The property is situated within walking distance of Goldthorpe train station and benefits from bus services and good road connections nearby including the A635 which connects directly to the motorway network. Within the local area you will find a variety of popular independent businesses, eateries and supermarkets. There are also a number of recreational and outdoor facilities nearby such as Dearneside Leisure centre. The lease produces £10,500 per annum. It is 10 years repairing and insuring commencing from October 2016, with rent reviews every five years. It is worth noting that the same tenant has renewed three times previously. There is a spacious yard to the rear with separate access to the lane.

Draft Sales Details

These sales details are awaiting vendor approval.


Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 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.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 30th November 2023

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

43-45 Barnsley Road, Goldthorpe, Rotherham S63 9LT