FREEHOLD RETAIL INVESTMENT FOR SALE – 6 Market Street, Hemsworth, WF9 4LA
- Tenure: Freehold
- Size: 1,327 Sq Ft
- Price : £140,000
Property SummaryThe property comprises a ground floor retail premises with a self-contained flat.
The premises occupy a prominent trading position in the town’s principal thoroughfare adjacent to
Ladbrokes and amongst local and national retailers including: Tesco, Lloyds Pharmacy, Ladbrokes
and Iceland Foods. Hemsworth lies on the A628 some 9 miles south-west of Wakefield and
approximately 7 miles north-west of Barnsley with easy access to the A1 (M) (Junction 38).
The shop is arranged on the ground floor only and comprises of the following approximate net
Internal Width- 14'2" ft (4.32 m)
Shop Depth- 46'1" ft (14.07 m)
Ground Floor Sales- 952 sq ft (88.43 sq m)
Stock Room- 151 sq ft (14 sq m)
Kitchen- 82 sq ft (7.58 sq m)
Office- 143 sq ft (13.27 sq m)
Total- 1,327 sq ft (123.28 sq m)
The first floor flat comprises the following approximate areas:
Living Room- 3.63 x 5.59 m
Kitchen- 3.27 max x 3.60 m
Bathroom- 3.64 max x 1.82 m
Bedroom 1- 3.61 x 4.86 m
Bedroom 2- 2.71 x 4.89 m
The property is currently let to 28A Supported Living Limited on the basis of a full repairing and
insuring new lease for a term of 3 years from 23rd October 2015. The passing rental is £12,500 pa.
We are instructed to seek offers in excess of £140,000 subject to contract and exclusive of VAT, for
the benefit of our client’s freehold interest subject to the existing occupational tenancy which will
show the purchaser a net initial yield of approximately 9%.