On behalf of private clients we have successfully completed the sale of 39 St Sepulchre Gate, Doncaster for £420,000 reflecting a Net Initial Yield of 9%.
The property is well located on the busy pedestrianised section of St Sepulchre Gate immediately adjacent to the popular Frenchgate Centre.
The ground floor and part of the first floor is currently let to Merkur Slots Ltd on a 10 year lease with a break option in the 5th year from July 2021 at a rent of £35,000 pax. The remainder of the first floor and second floor is vacant but offers an excellent opportunity for residential development.
