Office for sale

A FANTASTIC OPPORTUNITY TO PURCHASE A THRIVING TOWN CENTRE OFFICE INVESTMENT PROPERTY WITH AMPLE PARKING LOCATED IN BARNSLEY TOWN CENTRE.

LOCATION

Barnsley has recently undergone significant regeneration & investment creating a modernised town centre with new Cinema, Glass Works Market, bars and restaurants. Fairfield House and The Coach House are located just off Bernslai Close within walking distance of Barnsley Town Centre. There is an abundance of amenities close by and neighbouring occupiers including Barnsley College, South Yorkshire Police and Gateway Plaza development.

DESCRIPTION

Set within mature tree lined grounds, the properties are accessed through secure gates which leads in to generous car park and mature grounds. The two detached are set to the rear of the site. Fairfield House is a detached period stone built property which has 10 rooms set over lower ground floor, ground floor and first floor along with a communal entrance hall, kitchen and W.C facilities. Fairfield House is currently fully let and offers high quality office space throughout. There is gas fired central heating via two recently installed boilers. The Coach House is a two storey stone built period property with self-contained offices to ground and first floor. The ground floor is let with the first floor currently vacant. The first floor can be let as whole or split if required. The property has a separate gas fired central heating boiler for both floors.

RENTAL INCOME

The property produces a gross rent of £68,640 per annum with an ERV of £95,640 per annum upon letting of The Coach House. All tenants apart from Kabuki Day Nursery are on 12 month licence agreements. Further information on the breakdown of rents is available upon request. Annual running costs for the property last year were £28,531 which included repairs, insurance, cleaning, light and heating. This is predominately relates to Fairfield House as the tenants with The Coach House are responsible for their utility bills and cleaning.

RATEABLE VALUE

Interested parties are advised to make their own enquiries with the local authority.

PRICE

We are seeking offers around £650,000 exclusive of VAT.

VIEWING

For further information or an appointment to view please contact Gina Powell or Rebecca Blyth on[use Contact Agent Button] or [use Contact Agent Button]/[use Contact Agent Button]

SUBJECT TO CONTRACT

SUBJECT TO CONTRACT