5-7 St Sepulchregate, Doncaster, DN1 1TD ****UNDER OFFER****
Download BrochureUnder offer
****UNDER OFFER****
WE ARE SEEKING OFFERS IN EXCESS OF £550,000 FOR THE FREEHOLD INTEREST WHICH REFELCTS A NET INITIAL YIELD OF 8.5%
The ground floor retail unit is let to Amplifon, an Italian company who operate out of 25 countries, employing 18,600 staff and who had a turnover of approx £2bn in 2021.
The upper floors are let to The Cyrenians Limited who are a registered charity first incorporated in 1970 who had funds of £13.6m as at March 2022.
Key Benefits & Features
- Prime, well let commercial investment opportunity
- Total rental £49,000 per annum
- A purchase price of £550,000 reflects a NIY of 8.5%
Information
Ground Floor: 982 sq ft
- Amplifon Limited
- £37,500 pa rental
- End of lease: 21/02/2026
- RV: £36,500
- EPC: C70
First Floor: 740 sq ft
Second Floor: 707 sq ft
Third Floor: 515 sq ft
- Currently Let to The Cyrenians Limited
- £11,500 pa rental –
- End of lease: 01/09/2024
- RV: £9,600
- EPC: E102
Doncaster
The property is situated on Sepulchregate in central Doncaster, opposite the main entrance into the Frenchgate Shopping Centre.