Basic Facts
Property ID:
5420
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Post Updated:
2020-05-13 12:58:36
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Status:
Acquired
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Type:
Other
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Tenure:
Freehold
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Gross Rent:
£ 15,000
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Lease Term:
FR&I 10 yrs from Nov '18
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VAT applicable:
Yes
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Property Description
- Freehold Blue-chip investment with upper parts sold off.
- Ground floor unit of 861 sq ft.
- 6 parking spaces located at the rear.
Location Description
- Located approx 11 miles from Sheffield City Centre, Kiveton Bridge station is within 5 min walk.
- Kiveton, is a village within the Metropolitan Borough of Rotherham, in South Yorkshire.
Additional Notes
- Ground floor unit Let to Funeral Services Limited -t/a Co-operative Funeralcare.
- Brand New 10 year lease (break at 5th year) at an initial rent of £15,000 pa.
- Co-Operative Funeral Care operate over 1,000 funeral homes.
- Funeral Services Ltd reported the following figures in Jan 2018 – revenue of £310m and a pretax profit of £63,285,000.
Features
Blue-chip tenant
Customer car parking
Finance available
Freehold
Under £500k