Brochure

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Property Summary

Former Bank premises with ground floor retail and upper floor offices, suitable for alternative uses.

Property Type: Offices and Retail.

Address: 38-40 Bridgegate, Rotherham, S60 1PQ.

Price: For Sale: o/a £495,000

Floor Area: 7,779ft2 (722.69m2)


Location

The subject property occupies a highly-prominent position at the junction of Bridgegate and Upper Millgate, in the heart of the pedestrianised retail area of Rotherham town centre.


Description

The development comprises of a substantial three-storey office / retail building formerly occupied by Barclays Bank. There are former showroom premises fronting Bridgegate at ground floor level together with a separate retail unit now let and occupied as a Café, and a further separate retail unit which fronts Upper Millgate. On the upper floors there are substantial offices which could be ideally refurbished for residential use. Terms have recently been agreed for the letting of the whole of the ground floor as retail and stores, at an annual rental of £27,000 per annum.


Accommodation

Approximate net internal floor area:

  ft2 m2
Ground Floor 3,204 297.66
First Floor 2,260 209.96
Second Floor 1,332 123.75
Total 6,796 631.37

Rating Assessment

We have consulted with the Valuation Office Agency which quotes more than one Rateable Value in respect of the subject property. We would recommend interested parties make their own enquiries in respect of business rates.


Fixtures & Fittings

Neither CPR, nor their clients, can offer any form of warranty as to working order of any fixtures and fittings referred to, or suitability / capacity for any particular purpose. An incoming Tenant / purchaser must satisfy themselves in this regard prior to entering into any legal or financial commitment.


Planning

The property is suitable for uses falling within Class E of the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020. We would recommend any seriously interested parties to make all enquiries with the planning department of the Local Borough Council regarding any alternative uses.


Price

o/a £495,000


Tenure

Freehold.


Services

Mains gas, electricity, water and drainage are understood to be supplied and connected. None of the services have however been tested by Commercial Property Rotherham. We would recommend all interested parties to satisfy themselves as to the suitability and capacity of all mains services prior to entering in to any legal or financial commitment.


Energy Performance Certificate

The property has 3 Energy Performance Certificates registered. A copy of these EPC’s are available online or on request.


VAT

Rental and service charge will be subject to VAT.


Money Laundering

The Money Laundering Regulations currently place a legal requirement on a prospective Tenant to provide two acceptable forms of I.D.


Viewing & Further Details

Viewing and further information is available by contacting the Sole Agents, Commercial Property Rotherham on 01709 721706.


Disclaimer

Nothing in this brochure may be taken as offering any warranty as to the existence, suitability, adequacy or serviceability of any mains or other service, central heating installation, fixture or fitting, plumbing or wiring installation, security system, remedial or treatment work. Measurements are taken by a Disto laser measuring device. We would suggest that purchasers or Tenant’s satisfy themselves as to their accuracy prior to purchase or entering into a Lease.

 

Former Bank premises with ground floor retail and upper floor offices, suitable for alternative uses.

Property Type: Offices and Retail

38-40 Bridgegate, Rotherham, S60 1PQ.

For Sale: o/a £495,000

Size: 7,779ft2 (722.69m2)

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01709 721 706

info@cprotherham.com