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5 Bowers Fold, Doncaster, South Yorkshire

470 Sq Ft (43.66 Sq M)

£90,000 for the Freehold

Retail Investment

Key Features

RETAIL INVESTMENT

LET TO ESTABLISHED CLOTHES SHOP

CITY CENTRE LOCATION

HIGH YIELDING - 11.11%

NEW 3 YEAR LEASE FROM MAY 2024 AT £10,000 PAX

OFFERS OVER £90,000

General Description

FOR SALE - INVESTMENT PROPERTY

City centre two storey retail property let in it's entirety to a local letting agents on a new 3 year FRI lease at £10,000 per annum.

SUMMARY
- High yielding retail / letting agency property investment
- Let to a local clothes shop at £10,000 per annum exclusive for 3 years from May 2024
- Inviting offers over £90,000 reflecting a yield of 11.11% before costs
- City centre location
- Well presented throughout
- Ideal for first time commercial buyers and experienced investors

DESCRIPTION
A traditional lock-up unit on two floors. To the ground floor is a well presented, modern sales area used by the letting agency, with display window and glazed entrance door all with shutters. The first floor is partitioned to form a work area and a separate kitchenette and toilet.

The property is well presented throughout.

LOCATION
The Bowers Fold retail parade in the heart of Doncaster city centre linking Silver Street with the Market Place. It is a popular location with local businesses and traders.

EPC
F (a new EPC has been commissioned)


LEASE
The property is let on a new full repairing and insuring lease for a term of 3 years at £10,000 per annum.


INVESTMENT PROPOSAL
inviting offers over £90,000 reflecting a yield of 11.11% before costs

A copy of the lease is available upon request.


VIEWINGS & MORE INFORMATION

Ben Flint
Tel: 07494735001
Email: ben@flintrealestate.co.uk