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15-55 Peel St
20,567 SF Retail Unit Offered at £856,000 in Barnsley S70 2RL
Investment Highlights
- Prominent edge-of-town retail position
- The property benefits from a rear service yard with loading access and parking accessed from Peel Parade
- Opposite Lidl and Home Bargains
Executive Summary
A substantial two storey property of brick construction under a flat roof extending to 20,567 sq.ft. The property benefits from a rear service yard with loading access and parking accessed from Peel Parade. Barnsley has an urban population of approximately 244,000 persons (2021 Census) and is situated in South Yorkshire, 16 miles north of Sheffield and 23 miles south of Leeds. The town is well served by the motorway network with Junction 37 of the M1 situated approximately 1.5 miles to the west via the A628 Dodworth Road. The subject property occupies a highly prominent retail position opposite Lidl and Home Bargains, with Costa Coffee, KFC and Taco Bell nearby. Barnsley hosts a bustling outdoor market on Mondays, Tuesdays, Wednesdays, Fridays and Saturdays together with an indoor market.
Property Facts
| Price | £856,000 | Sale Type | Investment |
| Unit Size | 20,567 SF | Building Class | B |
| No. Units | 1 | Number of Floors | 3 |
| Total Building Size | 47,784 SF | Typical Floor Size | 13,530 SF |
| Property Type | Retail (Unit) | Year Built | 1968 |
| Property Subtype | Storefront | Lot Size | 1.34 AC |
| Price | £856,000 |
| Unit Size | 20,567 SF |
| No. Units | 1 |
| Total Building Size | 47,784 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 13,530 SF |
| Year Built | 1968 |
| Lot Size | 1.34 AC |
1 Unit Available
Unit 45-55
| Unit Size | 20,567 SF | Sale Type | Investment |
| Price | £856,000 | Tenure | Freehold |
| Price Per SF | £41.62 | Net Initial Yield | 11.56% |
| Unit Use | Retail | NOI | £98,953.60 |
| Unit Size | 20,567 SF |
| Price | £856,000 |
| Price Per SF | £41.62 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 11.56% |
| NOI | £98,953.60 |
Description
The property comprises 3 ground floor retail units with a substantial first floor retail unit that has recently been refurbished prior to the current letting. This unit is accessed from Peel Street via an entrance lobby with a passenger lift and staircase leading to the first floor.
Sale Notes
Freehold For Sale.
Price – offers in the region of £856,000
Current Rental Income - £104,500 pax.
Interior
Interior
Interior
Amenities
- Security System
- Storage Space
Nearby Major Retailers
-
Jonathan Wade -
Flynn Burgess -
Tom Grimshaw -
Brackenridge Hanson Tate
Presented by
15-55 Peel St
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