Property Type | Offices |
Availability | For Sale |
Size | 1,932 sq ft |
Price | £285,000 |
Energy Performance Rating | This property has been graded as B (47) |
The property is located to the Southern side of Grove Street, approximately 100 yards away from the junction with The Square, Carolgate and Market Place in the centre of the poplar Market Town of Retford. Retford has a population of approximately 22,000, is a busy Market Town with markets on Thursdays, Fridays and Saturdays together with monthly Farmer's Market and the town benefits from good access to the A1. Retford lies approximately seven miles East of Workshop and fifteen miles South of Doncaster.
The property comprises a three storey terraced building with ground floor estate agents and upper floor ancillary offices of solid brick construction with pitched pantile roof over. The building has attractive frontage with feature bay windows at first floor front elevations. The property has been used by William H. Browns as an Estate Agents Offices for the last 35 years and William H. Brown is recognised as a leading established estate agency within the Retford area.
Accommodation | SQ.M. | SQ.FT. |
Ground Floor | ||
Sales Area | 57.9 | 623 |
Photocopier Room | 7.5 | 81 |
First Floor | ||
Offices 1, 2 and 3 | 46.9 | 505 |
Second Floor | ||
Office 4 | 17.5 | 189 |
Staff Kitchen and Filing Area | 38.5 | 415 |
Rateable Value
£10,250.
The property is let on a ten year FRI lease to Sequence (UK) Limited on the 25th of December 2018.
The annual rental is £20,000 per annum exclusive.
There is provision for a rental review at the end of the fifth year and a tenant only break clause at the end of the fifth year.
Sequence (UK) Limited is a national network of Estate Agents with over 320 offices countrywide. The reported net worth as at December 2018 was £20,797,000.
It is understood that VAT is not payable on the rental or the Freehold asking price.
The property has been graded as B (47) with the EPC valid until the 19th of June 2028.