81 & 83 High Street, Mexborough, South Yorkshire S64 9AB
Barnett Ross Property AuctioneersBarnett Ross was formed in October 2002, drawing upon the combined 60 year's auction experience of John Barnett and Jonathan Ross, and immediately established itself as one of the largest independent auction houses in the U.K.
Read more Read moreLot 9 Freehold Town Centre Retail Investment let to Coral Racing Ltd - Gross Yield 16.3% 6 Week Completion Situation Located in the town's principle pedestrianised shopping thoroughfare amongst a host of multiple occupiers such as Halifax , B&M , Post Office , Card Factory , Superdrug , Greggs , Specsavers , Domino's and Poundland and in close proximity to Mexborough Mainline Station. Mexborough is a market town located 5 miles north of Rotherham and 7 miles west of Doncaster, benefitting from good road links being only 4 miles east of the A1(M) via the A6023. Property An end of terrace building comprising a Ground Floor Shop and Basement with internal and separate side and rear access to Ancillary Accommodation (previously a flat & photography studio) at first floor level. Accommodation Ground Floor Shop Gross Frontage 27'11" Return Frontage 45'9" Internal Width 30'1" Shop Depth 33'2" Built Depth 43'5" Sales Area Approx. 998 sq ft plus WCs Basement Area Approx. 392 sq ft First Floor Ancillary 3 Rooms, Kitchen, 4 WCs Approx. 628 sq ft VAT is NOT applicable to this Lot FREEHOLD Tenancy The entire property is let on a full repairing and insuring lease to Coral Racing Ltd (see Tenant Profile) for a term of 16 years from 3rd February 2011 at a current rent of £22,785 per annum exclusive. Tenant Profile The Coral Brand of betting shops forms part of Entain plc, a FTSE 100 company that is one of the world's largest sport betting and gaming groups operating in the online and retail sector. Entain is licensed and operates in over 20 countries, across 5 continents around the globe (Visit: www.entaingroup.com).
