Property photos
Leasehold
£995,000
(£264.98/sq. ft)
Property for sale
Granby House, High Street, Bawtry DN103,755 sq. ft
Local area information
Property location
Nearby amenities
- Bawtry Mayflower Primary School 0.2 miles
- St Patrick's Catholic Primary School 1.6 miles
- Doncaster 8 miles
- Retford 8.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
Key Points
Modern ground floor convenience store investment let to Sainsburys Located in Bawtry, a popular market town location in South Yorkshire Passing rent of £61,979 pa, rising to £73,612 pa from 19th November 2024 (once the rpi index kicks in) First class tenant covenant: Sainsbury’s Supermarkets Ltd Located on a busy High Street in a sought after location
Description
The property was built approximately a decade ago and arranged over ground floor only, providing a retail premises occupied as Sainsburys Local. The internal accommodation includes a sales area, stores and ancillary accommodation to the rear. The property forms part of a larger residential block of nine flats, which is not part of the sale.
The property benefits from car parking spaces to the side and rear.
Location
The property is located on High Street in Bawtry town centre, South Yorkshire. Bawtry is considered an upmarket location with a variety of boutiques, restaurant, pubs, hotels, cafes, and independent & national retailers.
The property is situated on the High Street close to its junction with Station Road in a central location. Bawtry is located 11 miles south east of Doncaster and approximately 2 miles from the A1 motorway network.
Tenure
The property is held on long leasehold for 999 years from 1st January 2014 at a peppercorn.
Price
£995,000. We are informed VAT is payable on the price. A purchase at this level reflects a Net Initial Yield of 5.89% after allowing for purchaser costs, and 7% yield from 19th November 2024.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.
Description
The property was built approximately a decade ago and arranged over ground floor only, providing a retail premises occupied as Sainsburys Local. The internal accommodation includes a sales area, stores and ancillary accommodation to the rear. The property forms part of a larger residential block of nine flats, which is not part of the sale.
The property benefits from car parking spaces to the side and rear.
Location
The property is located on High Street in Bawtry town centre, South Yorkshire. Bawtry is considered an upmarket location with a variety of boutiques, restaurant, pubs, hotels, cafes, and independent & national retailers.
The property is situated on the High Street close to its junction with Station Road in a central location. Bawtry is located 11 miles south east of Doncaster and approximately 2 miles from the A1 motorway network.
Tenure
The property is held on long leasehold for 999 years from 1st January 2014 at a peppercorn.
Price
£995,000. We are informed VAT is payable on the price. A purchase at this level reflects a Net Initial Yield of 5.89% after allowing for purchaser costs, and 7% yield from 19th November 2024.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.
More information
Listed by
SMC Chartered Surveyors
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