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Investment Highlights

  • Five residential units and single retail unit all fully let
  • Well located facing Sheffield Road, 1 mile to the west of the town of Hoyland and only ½ mile from J.36 of the M1 motorway.
  • Prominent, well-located premises just off J.36 M1

Executive Summary

Opportunity to acquire this high yielding let investment property. The property comprises five residential units and and a retail unit all currently let wit a current gross rental receivable of £40,800 per annum. A full tenancy schedule can be provided upon request. All tenants pay business rates / council tax directly to the local authority and also pay for their own utilities. Each residential letting is on an assured shorthold tenancy with the ground floor retail unit being held on a formal commercial lease. Copies of leases / tenancy agreements are available upon request.
The freehold interest is available at a guide price of £395,000.00.

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
4,000 sq ft
Costar Property Class
B
Year Built
1900
Price
£395,000
Price per sq ft
£98.75
Yield
10.33%
NOI
£40,800
Tenancy
Single
Number of Floors
2
Plot ratio
1.00
Total Plot Size
0.09 ac
Frontage
45 ft on Sheffield Road

Amenities

  • Bus Route
  • Storage Space

Nearby Major Retailers

Co-op
Starbucks
Morrisons
Tesco
  • Listing ID: 37930020

  • Date on Market: 03/10/2025

  • Last Updated:

  • Address: 70-72 Sheffield Rd, Barnsley S74 0DQ

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