Regent House, 50 Moorgate Street, Rotherham, South Yorkshire, S60 2EY

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£269,000

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Property Details

Location

Description

A prominent two storey brick built detached property located in the heart of Rotherham's professional district, benefitting from vehicular access and car park with 16 designated spaces. The building was originally thought to be a house but now offers a total of 7 offices over two levels amounting to 118 sqm together with basement cellars. The property is currently let to target housing at £15,000pa for a period of 5 years from 1st January 2021. Excellent potential is offered for ongoing investment or possible future options including own occupation or conversion to residential (subject to planning).

Location

Regent House occupies a prominent position in the heart of Rotherham Town Centre and is located amidst a variety of commercial and residential properties. The building has vehicular access from Moorgate Street at the front and backs onto Stanley Street to the rear. Comprehensive facilities are within walking distance and junction of the M1 gives easy access to a number of regional centres.

Accommodation

Ground Floor	Entrance Lobby, 3 Offices, Kitchen & WC	55.61 sqm
Basement	Cellars	42 sqm
First Floor	4 Offices, Kitchen & WC	62.68 sqm
TOTAL USEABLE SPACE		118.29 sqm

Outside

The property occupies a good size site as shown on the plan with vehicular access and 16 car parking spaces

Approx Site Area

Approximatley 724 Sq M (865 Sq Yds).

Planning

For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Rotherham Metropolitan Council, Riverside House, Main Street, Rotherham, S60 1QY. Telephone: 01709 382121.

Tenancy

The property is let to Target Housing Ltd for a period of 5 years from the 1st January 202. The terms exclude the right to renew under the Land Lord and Tenant Act

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 15TH OCTOBER AND CLOSES ON WEDNESDAY 16TH OCTOBER.

3. Energy Performance Certificate = E.

Addendum

Please note the completion period is 15 BUSINESS DAYS