13 Market Street, Barnsley, S70 1SL

The property comprises a high yielding retail investment let to Scrivens and occupying a prime pedestrianised pitch. Arranged across ground and first floors, the property is fully let to Scrivens Limited on a five year lease expiring 07.07.2026 and paying £15,000 per annum. The current rent reflects £14.16 per sq ft, and we therefore consider the property offers evident asset management potential via renewal of the lease upon expiry and improvement of rents, with the nearby 7 Market Street recently letting for £20,000 per annum reflecting £19.01 per sq ft). The lease includes the upper parts which are used as ancillary/storage space, but we consider there may be potential to convert to alternative uses, including residential (subject to the existing leases and any requisite consents). The property benefits from a prominent pitch fronting the prime, pedestrianised, Market Street. Nearby occupiers include Greggs, Boots, Holland & Barrett and Subway.