Office for sale in Grove Street, Retford DN22

From £285,000 (£147.52/sq. ft)
Office for sale 1,932 sq. ft*
Interested in this property? Call +44 114 446 9291 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Key Points

  • Tenanted Investment Let to Sequence (UK) Ltd
  • T/A William H Brown Estate Agents
  • 10 Year Fri Lease from the 25/12/2018
  • Rental - £20,000 per annum
  • Description

    The property comprises a three storey terraced building with ground floor estate agents and upper floor ancillary offices of solid brick construction with pitched pantile roof over. The building has attractive frontage with feature bay windows at first floor front elevations. The property has been used by William H. Browns as an Estate Agents Offices for the last 35 years and William H. Brown is recognised as a leading established estate agency within the Retford area.

    Location

    The property is located to the Southern side of Grove Street, approximately 100 yards away from the junction with The Square, Carolgate and Market Place in the centre of the poplar Market Town of Retford. Retford has a population of approximately 22,000, is a busy Market Town with markets on Thursdays, Fridays and Saturdays together with monthly Farmer's Market and the town benefits from good access to the A1. Retford lies approximately seven miles East of Workshop and fifteen miles South of Doncaster.

    Business Rates

    Rateable Value
    £10,250.

    Lease Terms

    The property is let on a ten year Fri lease to Sequence (UK) Limited on the 25th of December 2018.
    The annual rental is £20,000 per annum exclusive.
    There is provision for a rental review at the end of the fifth year and a tenant only break clause at the end of the fifth year.

    Tenant Information

    Sequence (UK) Limited is a national network of Estate Agents with over 320 offices countrywide. The reported net worth as at December 2018 was £20,797,000.

    Anti Money Laundering

    Prospective purchasers will be required to provide proof of id to comply with money laundering legislation.

    VAT

    It is understood that VAT is not payable on the rental or the Freehold asking price.

    Energy Performance Rating

    The property has been graded as B (47) with the EPC valid until the 19th of June 2028.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Fernie Greaves, S4 on +44 114 446 9291 * (local rate)

    Contact Fernie Greaves about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fernie Greaves, and do not constitute property particulars. Please contact Fernie Greaves for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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