A Substantial Detached Building Arranged to Provide Three Retail Units, Five Flats (All Sold off on Long Leases) and a Car Park all Situated on a Plot of Land Measuring Approximately 1,194 sq m Producing £36,540 Per Annum (Reflecting a Gross Initial Yield of 12.1%). Potential for Development (Subject to Obtaining all Relevant Consents)
The Plough, 7 Main Street, Catcliffe, Rotherham, South Yorkshire, S60 5SR
A detached commercial building arranged to provide three ground floor retail units, five flats over the first and second floors, together with a car park for circa 12 vehicles. The freehold property is stated to be producing £36,540 per annum (gross initial yield 12.1%) and has potential for development subject to obtaining relevant consents.
Full description
A substantial detached building arranged to provide three ground floor retail units, five flats across the first and second floors and a car park for circa 12 vehicles. The property is situated on a mixed use road close to local shops and amenities. The open spaces of Catcliffe Flash Nature Reserve are within easy reach. Transport links are provided by Woodhouse rail station. Tenure is freehold. The listing states the property produces £36,540 per annum (reflecting a gross initial yield of 12.1%) and has potential for development, subject to obtaining all relevant consents. The property benefits from a car park for circa 12 vehicles.
Site plan
Financial Tools
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