45-55 Peel Street, Barnsley, S70 2RL

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Flynn Burgess

Graduate Surveyor

Property Details

Sale Price: Offers in the region of £856,000

Key Features

  • Prominent edge of town retail position
  • 100% let to four tenants including British Heart Foundation and Dominos
  • Current rental income of £104,500 Pax
  • Opposite Lidl and Home Bargains

Location

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.

Description

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.

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.

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