High Street Retail Property for sale

Former Co-Op, High Street, Hoyland, Barnsley, South Yorkshire S74


Guide price
£165,000
S.O.A.

Features

  • For sale by auction on the 24th March 2021
  • Guide price £165,000 +
  • Large vacant retail unit
  • Leasehold
  • Located in the heart of Hoyland
  • Totals approx 9,013 sq ft

Description

This large vacant retail unit totals approximately 9,013 sq ft (837.31 sq m) and is sure to appeal to the owner occupier or investor looking for strong potential returns. The property, formerly a supermarket, comprises an open plan sales/main floor area with two small offices, a storage area to the rear and loading/storage to the side. The unit can be accessed from the front, side or rear. Interested parties should be aware that the upper floors have recently been converted into apartments and do not form part of the sale.

The property is offered by way of a 99 year lease which commenced on the 1st of October 1982 and we have been advised that VAT will be payable on the purchase price.

It is located in the heart of Hoyland town centre adjacent to Hoyland Market and The Hoyland Centre, home to the town's Library and Health Centre. Multiple occupiers in close proximity include Boyes, Heron Foods, B&M, Ladbrokes, Well Pharmacy and Bargain Booze along with numerous independent retailers

Leasehold information - Please refer to the legal pack

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Accommodation

Ground Floor

Entrance, main store, office, loading area, WCs, kitchen, meter cupboards.

Charges & Payments

In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendors solicitor.
For more details please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Categories

High Street Retail Property
Call
Property reference
CP_4CF4518FFF_51