15-55 Peel St
Barnsley S70 2RL
Retail Property For Sale
·
47,784 SF
INVESTMENT HIGHLIGHTS
- Asset Management Potential
- Attractive Corner Unit
- High Footfall Unit
EXECUTIVE SUMMARY
The property forms part of a popular local retail parade in the centre of Barnsley and benefits from a corner pitch with a return frontage to Fenton Street, the area is characterised by a number of national retailers including Home Bargains, Costa, Taco Bell and Iceland. One of the principal public car parks (120 spaces) is immediately opposite.
PROPERTY FACTS
| Unit Size | 1,023 - 1,337 SF |
| No. Units | 2 |
| Total Building Size | 47,784 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 13,530 SF |
| Year Built | 1968 |
| Lot Size | 1.34 AC |
2 UNITS AVAILABLE
Unit 53
| Unit Size | 1,337 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale |
DESCRIPTION
The property comprises a high yielding retail investment opportunity situated on a prominent corner pitch and let to the undoubted covenant of Dominos.
Arranged as a ground floor retail unit, the property is let to DP Realty Limited (t/a Dominos) on a 20 year lease expiring 21.01.2027 and paying £20,000 per annum. We consider the property may benefit from asset management potential with the adjacent unit paying £21,500 per annum.
SALE NOTES
Lot 156 is available for sale at Savills' to be held on 18th-19th of March 2025.
The property comprises an long leasehold investment opportunity for sale.
The asking price is £130,000.
Unit 55
| Unit Size | 1,023 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
SALE NOTES
Lot 158 is available for sale at Savills' to be held on 18th-19th of March 2025.
The property comprises an investment/long leasehold investment opportunity for sale. The asking price is £120,000, representing a Net/gross initial yield of 17.92%.
AMENITIES
- Security System
- Storage Space
