Wellington Street, Barnsley, S70 1SS

£450,000
  • Availability: For Sale
  • Bedrooms: 6
  • Bathrooms: 7
  • Reception Rooms: 1
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  • Floorplan
  • View Brochure

Property Features

  • COMMERCIAL PROPERTY
  • 3 SHOP UNITS
  • HMO TO FIRST FLOOR
  • 1 COMMUNAL KITCHEN
  • 1 COMMUNAL LOUNGE
  • 6 BEDROOMS
  • 7 EN SUITE FACILITIES
  • LOCATED IN BARNSLEY TOWN CENTRE
  • CLOSE TO AMENITIES, SERVICES & EXCELLENT TRANSPORT LINKS
  • APPROXIMATELY £58,000 INCOME & 13 % NET YIELD PER ANNUM

Property Summary

ATTENTION INVESTORS … WHAT AN OPPORTUNITY … A CHANCE TO PURCHASE SOME PRIME COMMERCIAL PROPERTY WITHIN BARNSLEY TOWN CENTRE, CURRENTLY FULLY LET, NETTING A TOTAL INCOME PER ANNUM OF £58,000 AND A NET YIELD OF 13%. THE BUILDING CONSISTS OF 3 GROUND FLOOR SHOP UNITS, A MULTIPLE OCCUPANCY UNIT ABOVE WITH 6 BEDROOMS, 7 BATHROOMS, A COMMUNAL AREA AND A COMMUNAL KITCHEN. CONVENIENTLY LOCATED CLOSE TO TOWN CENTRE AMENITIES, SERVICES AND TRANSPORT LINKS.

Full Details

ATTENTION INVESTORS … WHAT AN OPPORTUNITY … A CHANCE TO PURCHASE SOME PRIME COMMERCIAL PROPERTY WITHIN BARNSLEY TOWN CENTRE, CURRENTLY FULLY LET, NETTING A TOTAL INCOME PER ANNUM OF £58,000 AND A NET YIELD OF 13%. THE BUILDING CONSISTS OF 3 GROUND FLOOR SHOP UNITS, A MULTIPLE OCCUPANCY UNIT ABOVE WITH 6 BEDROOMS, 7 BATHROOMS, A COMMUNAL AREA AND A COMMUNAL KITCHEN. CONVENIENTLY LOCATED CLOSE TO TOWN CENTRE AMENITIES, SERVICES AND TRANSPORT LINKS.


At ground floor level there are three long term let shop units, all are currently food/take away shops which individually bring in an income of approximately £9500 per annum each. To the right hand side of the building is an electrically operated door featuring a stairwell rising to the first floor landing. To the first floor landing is a hallway giving access to six double bedroom, all featuring individual modern contemporary en suite facilities comprising of a step in shower cubicle, push button W.C. and a wash hand basin. At the end of the hallway is a room providing a communal living area which also has an en suite facility. The communal open plan kitchen is presented to the rear and features wall and base units with two integrated ovens, a range of integrated appliances and a work surface incorporating a sink unit.

If you would like to arrange to view, or have your property appraised please give us a call on 01226 414 150

BRIEFLY COMPRISING;

GROUND FLOOR
•    3 INDIVIDUAL FOOD/TAKE AWAY SHOP UNITS 
•    STAIRS TO 1ST FLOOR HMO 

FIRST FLOOR
•    LANDING AREA
•    HALLWAY
•    6 DOUBLE BEDROOMS
•    7 BATHROOMS
•    1 COMMUNAL LIVING AREA
•    1 COMMUNAL KITCHEN

OUTSIDE 
•    Externally the property abuts to Wellington Street.

PLEASE NOTE: THESE BROCHURE DETAILS HAVE BEEN APPROVED BY THE SELLER.

TENURE: FREEHOLD

COUNCIL TAX BANDING;
We understand the council tax band to be A. (SOURCE: GOV.CO.UK)
RENTAL POTENTIAL;
£58,000 Net Income Per Annum.

SERVICES
Mains water. Mains gas. Mains electric. Mains drainage.

DIRECTIONS
S70 1SS

COVID-19 PROCEDURE
We at Mallinson & Co are confidently adhering to the government guidelines in connection to the covid-19 pandemic, should you wish to see a copy of our procedure please ask a member of the team.

DISCLAIMER
1.    PROPERTY MISDESCRIPTION ACT 1967 & 1991: We endeavour to make the details and measurements as accurate as possible. However, please take them as indicative only, made as a result of a visual inspection of the property and from information supplied by the vendor. 
2.    MEASUREMENTS are taken with an electronic device. If you are ordering carpets or furniture, we would advise that the details are checked to your personal satisfaction by taking your own measurements upon viewing. 
3.    No services, apparatus, equipment, fixtures or fittings have been tested by Mallinson and Co so we cannot verify that they are in working order or fit for purpose. A Buyer is advised to obtain verification from their own Tradesperson, Surveyor or Solicitor. 
4.    References to the Tenure of a Property are based on information supplied by the Seller. Mallinson & Co has not had sight of the title documents and has not checked the tenure or the boundaries with the Land registry. A Buyer is advised to obtain verification from their own Solicitor. Mallinson and Co accept no responsibility for any errors or omissions.
5.    MONEY LAUNDERING: We may ask for further details regarding proof of your identification and proof of funds after receiving your offer on a property. Please provide these in order to reduce any delay.